Bob Brooks defeats Ryan Mackenzie in race for 7th district
Jasmine is a recent graduate of the University of Pennsylvania and has quickly made a name for herself in local journalism covering community events for the King of Prussia Chronicle. With a keen interest in local history and cultural initiatives, she enjoys sharing stories that reflect the town’s rich heritage.
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The Internal Revenue Service (IRS) announced new inflation adjustments for the 2027 tax year, including changes to the standard deduction, income tax brackets and several tax credits. “Hardworking American taxpayers will continue to benefit from the Working Families Tax Cuts (WFTC) and will see WFTC credits and deductions increase with this adjustment,” IRS CEO Frank J. Bisignano said. The changes will generally be reflected in tax returns filed in 2028. For the 2027 tax year, the standard deduction will be $33,200 for married couples filing jointly, an increase of $1,000 from 2026. The standard deduction will be $16,600 for single filers and married individuals filing separately, and approximately $24,925 for heads of household. The top tax rate will remain 37% and will apply to single taxpayers with income exceeding $661,375 and married couples filing jointly with income exceeding $793,650. The other tax rates will be 35%, 32%, 24%, 22%, 12% and 10%, depending on income l