American workers may notice a modest increase in their take-home pay in 2026 as new federal income tax brackets take effect. The Internal Revenue Service has widened income thresholds across all ...

OBBBA has introduced a ‘Seniors Deduction’ for retirees over 65, of up to $6,000 for individuals ($12,000 for couples), in 2026 tax filings.

Although the tax rates themselves remain unchanged, the income ranges for each bracket have expanded for 2026. For taxpayers whose incomes grow with inflation, this means more of your earnings may ...

MEMPHIS, Tenn. - If your salary pays $50K, you could see a bigger payday in 2026. That’s because the IRS is adjusting the federal tax brackets to keep up with inflation. “It may not be an actual raise ...

A progressive tax is when the tax rates increase (or “progresses”) as the taxable income increases for an individual or a business.