Researchers Identify Owls as Culprits Behind 8,000-Frog Bone Mystery Near Cambridge
The Internal Revenue Service (IRS) adjusted nearly 70 tax provisions to counter inflation, including a $1,000 increase to the standard deduction for married couples, the agency stated.
- On Thursday, Nov. 5, 2026, the Internal Revenue Service announced inflation adjustments for the 2027 tax year covering standard deductions, income tax brackets, and nearly 70 tax provisions.
- These routine annual adjustments prevent inflation-driven wage increases from pushing unchanged incomes into higher rates, preserving the real value of tax thresholds against rising consumer costs.
- The standard deduction for married couples filing jointly rises to $33,200, up $1,000 from 2026, while the maximum federal Child Tax Credit increases to $2,300 per qualifying child, up $100.
- Employers typically refresh withholding tables after the revenue procedure posts, allowing workers to see increased take-home pay throughout 2027 before filing 2028 returns.
- While these adjustments provide relief, several popular tax breaks from the 2025 federal tax law remain fixed and do not adjust for inflation, meaning they lose purchasing power annually.
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IRS raises 2027 standard deduction and child tax credit in its annual inflation adjustments - WXXV News 25
A draft version of the IRS 1040 tax form for 2026 is photographed on Sept. 30, 2026. (AP Photo/Jon Elswick, File) By KEN SWEET NEW YORK (AP) — The IRS released its annual inflation adjustments for the 2027 tax year, raising the standard deduction and the child tax credit. These adjustments will apply for tax returns filed in 2028. Many...
IRS raises 2027 standard deduction and child tax credit in its annual inflation adjustments – WTOP News
NEW YORK (AP) — The IRS released its annual inflation adjustments for the 2027 tax year, raising the standard deduction and the child tax credit. These adjustments will apply for tax returns filed in 2028. Many of the increases, which the IRS released on Nov. 5, are routine and rise each year based on how...
Archaeologists found 8,000 frog bones in one Roman-era ditch in England and spent a decade trying to explain them; a new study suggests birds of prey feasted on young frogs around 1,700 years ago
An archeological mystery involving thousands of tiny bones has been solved and offers an unusual insight into Britain's ancient wildlife.
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