(CNN)– The Internal Revenue Service has announced some notable changes for tax year 2025. New tax brackets reflect an increase of about 2.8% since 2024 due to inflation. That is almost half of the adjustment for the 2024 rates which was 5.4%. As for the adjustments to standard deductions for single tax filers, or those married but filing separately the standard deduction will increase $400 from 2024 to $15,000. Categories: News Tags: file taxes, filing taxes, tax season, tax season 2025, U.S. economy