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Five things to know about the IRS’s changes to next year’s taxes

Por: The Hill Politics October 21, 2022

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The IRS announced on Tuesday inflation adjustments for more than 60 tax provisions for tax year 2023, including the standard tax deduction and the designation of tax brackets, both of which affect the vast majority of taxpayers. These tax adjustments happen every year, but since inflation is at a nearly 40-year high of 8.2 percent, next year’s adjustments will be particularly noticeable. .  The changes allow taxpayers to break even  Just... + full article



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