Each year, the IRS adjusts federal income brackets and thresholds, and capital gains taxes are no exception. Whether you hold stock, real estate, or other capital assets, knowing the correct long-term and short-term rates—and how they might shift—is critical to planning your investments and understanding your tax bill.

The Internal Revenue Service (IRS) released Revenue Procedure 2025-32, detailing inflation adjustments to more than 60 tax provisions for tax year 2026. While some of the changes follow expected trends,

Tax brackets are the government’s way of ensuring that taxpayers who earn more money pay more in taxes. Each bracket consists of a tax rate that’s applied to taxable income within a specific range. Those income ranges vary according to filing status ...

The post IRS Delays Withholding Changes Until 2026 appeared first on Self Employed.

The IRS said Thursday it will delay making changes to certain information returns or withholding tables, as part of its phased implementation of H.R. 1, P.L. 119-21, commonly known as the One Big Beautiful Bill Act (H.R. 1), until tax year 2026.

Kemberley Washington is a former staff writer at Forbes Advisor and provides consumer-friendly tax tips for individuals and businesses. Her work goes beyond tax articles. She has been instrumental in tax product reviews and online tax calculators to..

As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.