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IRS announces 2026 tax changes with higher standard deductions and brackets

FOX Business’ Gerri Willis has the details on the investment strategy on ‘Varney & Co.’ The Internal Revenue Service (IRS) on Thursday announced annual inflation adjustments for dozens of tax provisions, along with changes made under the One Big Beautiful Bill Act (OBBBA). The IRS’ announced changes primarily apply to tax year 2026. The standard deduction, claimed […]