Five things to know about the IRS's changes to next year's taxes
The IRS announced on Tuesday inflation adjustments for more than 60 tax provisions for tax year 2023, including the standard tax deduction and the designation of tax brackets, both of which affect the vast majority of taxpayers. These tax adjustments happen every year, but since inflation is at a nearly 40-year high of 8.2 percent, next year’s adjustments will be particularly noticeable. The standard deduction for single taxpayers will rise 6.94 percent for 2023 to $13,850. That’s an extra $900 in tax-free income, more than double the adjustment for 2022, whi
Read MoreThese third-party candidates could have a big impact on the midterms
With less than three weeks to go until the midterm elections, observers are waiting to see which party can claim to have the better night: Republicans or Democrats. But while most of the attention is understandably focused on the two major parties, a handful of third-party candidates are poised to have an outsized impact on Election Night as well. Most of these candidates have no chance of winning outright, but they could tilt the scales just enough to shape the outcome of their respective races. Here are five third-party candidates to watch as the midterms app
Read MoreIsrael holds fire amid mounting pressure from Ukraine
Israel is rejecting desperate calls from Ukraine to supply advanced air defense systems to counter Russia’s use of Iranian kamikaze drones, intent on maintaining strategic ties between Jerusalem and Moscow. Israeli Defense Minister Benny Gantz on Wednesday said that Israel “will not provide weapon systems,” but said that Jerusalem will continue to side with Western support for Kyiv. “We have asked the Ukrainians to share information regarding their needs and offered to assist in developing a life-saving early-warning system,” he
Read MoreJudge orders more Eastman emails released, citing fraud pushed by Trump
A California-based federal judge ordered a legal adviser to President Trump to turn over records tied to Jan. 6 to the House committee investigating the attack, finding the communications were not protected since they likely were exchanged in furtherance of a crime. Included in the emails is evidence that Trump pushed ahead in court with voter fraud claims he knew were inaccurate — details certain to be of interest to the House select committee. Judge David Carter ordered John Eastman, who crafted two memos for the Trump campaign detailing methods to resist certifying Pr
Read MoreWhat Putin’s martial law order means for the Russia-Ukraine war
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