ECS ARTICLES & NEWS

The IRS has released the 2025 federal income tax brackets, and while the top marginal tax rate remains at 37%, other income thresholds have been adjusted for inflation.

The IRS has released the 2025 long-term capital gains tax brackets, which apply to the sale of capital assets held for more than one year. These rates are tied to your taxable income and filing status, and remain at 0%, 15%, and 20% — with inflation-adjusted thresholds.

The IRS has announced inflation-adjusted limits for employer-provided fringe benefits and flexible spending arrangements for tax year 2025. Here’s what’s changing:

For U.S. taxpayers living and working abroad, the Foreign Earned Income Exclusion (FEIE) provides significant tax savings by allowing the exclusion of a portion of foreign wages or self-employment income.

There’s nothing more headache-inducing than taxes. Tax season can be challenging, especially if you're not experienced with handling taxes, and making mistakes can cost you thousands of dollars. Are you concerned you did your taxes incorrectly?

Receiving continuous calls from tax relief services can be frustrating and perplexing. This article aims to shed light on why these calls...