Tax Relief That Isn’t”: IRS Unveils 2026 Brackets — and Millions May Still Pay More Than Ever

Finance MonthlyThursday, October 9, 2025 at 4:09:20 PM
Tax Relief That Isn’t”: IRS Unveils 2026 Brackets — and Millions May Still Pay More Than Ever
The IRS has announced the tax brackets for 2026, but many taxpayers may find themselves paying more than ever due to inflation adjustments that don't keep pace with rising costs. This news is significant as it highlights the ongoing challenges individuals face in managing their finances and planning for retirement, especially when tax relief measures seem insufficient. As people navigate these changes, understanding the implications on their savings and tax obligations becomes crucial.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
IRS Announces 2026 Tax Brackets, Standard Deductions And Other Inflation Adjustments
PositiveFinancial Markets
The IRS has unveiled the tax brackets and standard deductions for 2026, reflecting adjustments for inflation and new provisions from the 2025 One Big Beautiful Bill Act. This is significant as it helps taxpayers plan their finances better, ensuring they are aware of the changes that could impact their tax liabilities and potential savings.
Manchester United Reportedly “Up For Sale” — But Details Are Thin And Questions Remain
NeutralFinancial Markets
Manchester United is reportedly up for sale, sparking interest and speculation among fans and investors alike. While the news has generated excitement, details remain scarce, leaving many questions unanswered about the future of the iconic football club. This situation is significant as it could lead to major changes in ownership and management, impacting the club's performance and financial health.
Jamie Oliver And Jools Pay Themselves £2.5m Despite Business struggles
NegativeFinancial Markets
Jamie Oliver and his wife Jools have controversially paid themselves £2.5 million despite facing significant struggles in their business. This decision raises eyebrows as it highlights the disparity between their personal financial gains and the challenges their brand is currently experiencing. It matters because it reflects broader issues in the culinary industry, where even well-known figures can face financial difficulties while still drawing substantial salaries.
How Senior Housing REITs Respond to Ageing Demographics
PositiveFinancial Markets
As the population ages, senior housing REITs are stepping up to meet the growing demand for specialized living arrangements. This shift is crucial as it not only addresses the needs of an ageing demographic but also presents significant investment opportunities. By focusing on quality care and tailored services, these REITs are enhancing the quality of life for seniors while also driving economic growth in the sector.
IRS to furlough nearly half of its workforce due to US government shutdown
NegativeFinancial Markets
The IRS is set to furlough nearly half of its workforce due to the ongoing US government shutdown, which could lead to significant delays in tax processing and refunds. This situation highlights the broader implications of government funding issues, affecting not just IRS employees but also taxpayers who rely on timely services. As the shutdown continues, the impact on the economy and public services becomes increasingly concerning.
IRS Halts Most Taxpayer Services As It Furloughs Nearly Half Its Workers
NegativeFinancial Markets
The IRS has announced a significant reduction in its services, furloughing nearly half of its workforce. This move is concerning for taxpayers as it means delays in processing refunds and amended returns, even though tax filings and payments remain due. The Criminal Investigation unit will continue to operate, but the overall impact on taxpayer services could lead to frustration and confusion during tax season.
IRS Furloughs Nearly Half Of Its Staff Amid Government Shutdown: Here’s What’s Impacted
NegativeFinancial Markets
The IRS has been forced to furlough nearly half of its staff due to the ongoing government shutdown, which was exacerbated by the Senate's failure to approve spending plans. This situation is significant as it not only affects the operations of the IRS but also impacts taxpayers and the overall economy, highlighting the consequences of political gridlock.
IRS to furlough over 34,000 employees amid government shutdown
NegativeFinancial Markets
The IRS is set to furlough over 34,000 employees due to the ongoing government shutdown, which is a significant development affecting tax services and federal operations. This furlough not only disrupts the livelihoods of thousands of workers but also raises concerns about the efficiency of tax processing and customer service during a critical time for taxpayers. The implications of this shutdown could lead to delays in tax refunds and increased frustration for individuals and businesses alike.
IRS to furlough almost half its workforce under contingency plan for government shutdown
NegativeFinancial Markets
The IRS is preparing to furlough nearly half of its workforce due to a contingency plan triggered by a potential government shutdown. This situation arises as President Trump indicated that around 750,000 federal workers across various agencies could face furloughs, with some at risk of termination. This news is significant as it highlights the broader implications of a government shutdown, affecting not only IRS operations but also the livelihoods of many federal employees.
Mastering Credit Scores & Reports in the USA
PositiveFinancial Markets
Understanding credit scores and reports is crucial for anyone looking to manage their finances effectively in the USA. This article dives into the importance of these financial tools, explaining how they impact everything from loan approvals to interest rates. By mastering your credit score, you can unlock better financial opportunities and make informed decisions. It's not just about numbers; it's about empowering yourself to achieve your financial goals.
Planning Philanthropy: Donor-Advised Funds Explained
PositiveFinancial Markets
Donor-advised funds (DAFs) are gaining popularity as a flexible and efficient way for individuals to manage their charitable giving. These funds allow donors to contribute assets, receive immediate tax benefits, and recommend grants to charities over time. This approach not only simplifies the donation process but also encourages strategic philanthropy, making it easier for donors to support causes they care about. Understanding DAFs is crucial for anyone looking to maximize their charitable impact while enjoying the benefits of tax deductions.
Should Expats in Switzerland Open a Pillar 3a Account?
NeutralFinancial Markets
The article discusses whether expats in Switzerland should consider opening a Pillar 3a account, a private pension savings plan that offers tax benefits. This is important for expats as it can significantly impact their financial planning and retirement savings, especially in a country known for its high cost of living. Understanding the benefits and regulations surrounding this account can help expats make informed decisions about their financial future.
Latest from Financial Markets
Shuttle Pharmaceuticals stock soars after AI acquisition letter of intent
PositiveFinancial Markets
Shuttle Pharmaceuticals has seen a significant surge in its stock price following the announcement of a letter of intent for an acquisition involving artificial intelligence technology. This move is seen as a strategic step to enhance their product offerings and improve operational efficiency, which could lead to increased market competitiveness. Investors are optimistic about the potential growth and innovation that this acquisition could bring, making it a noteworthy development in the pharmaceutical sector.
TaskUs terminates merger agreement following stockholder vote
NegativeFinancial Markets
TaskUs has decided to terminate its merger agreement after a recent stockholder vote, which reflects the challenges the company faces in aligning interests with its investors. This decision is significant as it highlights the complexities of corporate mergers and the importance of shareholder approval in such processes.
Hagerty director Kauffman sells shares worth $353,193
NeutralFinancial Markets
Hagerty director Kauffman has sold shares valued at $353,193. This transaction is noteworthy as it reflects the ongoing activities of company executives in managing their investments. Such sales can indicate various factors, including personal financial planning or confidence in the company's future performance.
Benioff Marc of Salesforce sells $539,532 in CRM stock
NeutralFinancial Markets
Marc Benioff, the CEO of Salesforce, recently sold over $539,000 worth of CRM stock. This move is part of a broader trend where executives sell shares for various reasons, including personal financial planning or tax obligations. While such transactions can raise eyebrows among investors, they are not uncommon in the corporate world. Understanding these sales helps investors gauge the confidence of company leaders in their own businesses.
Conagra brands director Brown buys $187,200 in stock
PositiveFinancial Markets
In a notable move, Conagra Brands' director, Brown, has purchased $187,200 worth of stock, signaling confidence in the company's future. This investment not only reflects Brown's belief in Conagra's potential but also serves as a positive indicator for investors, suggesting that insiders are optimistic about the company's performance. Such actions can often boost market sentiment and encourage other investors to consider Conagra as a viable option.
BP wins arbitration case against Venture Global over LNG cargoes
PositiveFinancial Markets
BP has successfully won an arbitration case against Venture Global regarding LNG cargoes, marking a significant victory for the company in the competitive energy sector. This outcome not only reinforces BP's position in the liquefied natural gas market but also highlights the importance of legal frameworks in resolving disputes within the industry. Such victories can enhance investor confidence and potentially lead to more favorable business dealings in the future.