IRS Announces New Tax Rates: How Much You'll Have to Give to Uncle Sam

The IRS has released tax brackets and new standard deductions for 2023. As with most things, the numbers are affected by inflation, Al reports. Tax brackets or tax brackets are numbers used to determine the amount...

IRS publishes deductions and limits for next tax season: inflation hit numbers hard

The Internal Revenue Service (IRS) has issued dozens of inflation adjustments affecting personal income tax amounts, deductions and credits for 2023. As you might have guessed, the highest inflation in 40 years has led to significant jumps in these indicators, reports ...

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