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Here's your money briefing for Tuesday, October 29th.

I'm Ariana Spuru for the Wall Street Journal, filling in for J.R. Waylan.

We're still months away from tax season, but the IRS has released the new tax

brackets and standard deductions for 2025 and it's the smallest increase in a few years.

The brackets going up a little means it takes more income to reach each higher tax bracket.

So someone who makes about the same would owe just a little bit less in taxes.

For example, someone earning $120,000 and then they take the standard deduction, they would owe

about $400 less.

Wall Street Journal reporter Ashley Ebling joins me

to break down some of the key changes

after the break. Turning an idea into a small business doesn't happen by accident. You need to be all in. At constant contact

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