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In 2025, the deduction will increase almost 3% to $15,000 for single taxpayers and $30,000 for married, joint-filing taxpayers. Some taxpayers elect to itemize deductions in order to minimize ...
For instance, the new threshold for the 10% tax bracket for married couples filing jointly will rise to $23,850 in 2025, a 2.8% increase from its 2024 threshold of $23,200.
That salary threshold is up from $35,568 level that has been in place since 2019 when Trump administration raised it from $23,660, in a more modest increase than President Barack Obama's earlier ...
The top tax rate, which remains 37%, will cover incomes greater than $626,350 for single taxpayers in tax year 2025, for example — compared to $609,350 in 2024.
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[4] [2] [5] [7] The comptroller's regulations are compiled in Title 44 of the New York City Rules. [8] If vacancies should simultaneously occur in the offices of Mayor of New York City and New York City Public Advocate (formerly president of the city council or board of aldermen), the comptroller would become acting mayor. [9]
Some 3.6 million salaried workers would newly qualify for overtime pay under a proposed rule unveiled by the US Department of Labor on Wednesday. It would guarantee overtime pay of at least time ...
The 2025 New York's 21st congressional district special election is an expected special election to choose a new member of the U.S. House of Representatives. The seat is expected to become vacant as Republican incumbent Elise Stefanik was chosen by president-elect Donald Trump to be his nominee for U.S. ambassador to the United Nations. [1]