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How the New IRS Changes Could Lower Your Tax Bill

Por: Time Business October 20, 2022

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Here’s some good news if your wages haven’t kept pace with inflation: you’ll save more money on your taxes in 2023. Every year the IRS re-evaluates its tax brackets and makes changes to reflect the country’s cost of living. On Tuesday, the IRS announced major changes to combat inflation, even more than usual. The federal agency updated more than 60 tax provisions, some of which will ultimately raise standard deductions and income limits... + full article



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