Here’s an upside to persistent inflation: More of your income will be taxed at lower rates next year.
The Internal Revenue Service announced its annual inflation adjustments to federal income-tax brackets for 2024 Thursday, an increase that slightly outpaces
the current inflation rate. This means some Americans will pay less in taxes, said Jim Young, an accounting professor at Northern Illinois University.What to Read Next
Sponsored Offers
- TurboTax:
Save up to $15 with TurboTax coupon 2023 - The Motley Fool:
Epic Bundle - 3x Expert Stock Recommendations - H&R Block Tax:
Get 20% off H&R Block tax software products - Top Resume:
Top Resume Coupon: 10% off professional resume writing - eBay:
$5 eBay promo code for new users - Exclusive - Groupon:
Up to $50 off any order with Groupon promo code
Business - Latest - Google News
November 10, 2023 at 05:05AM
https://ift.tt/qkZrzBo
The IRS’s New 2024 Tax Brackets: Inflation Adjustment Could Save Taxpayers Money - The Wall Street Journal
Business - Latest - Google News
https://ift.tt/cFwVkSt
Bagikan Berita Ini
0 Response to "The IRS’s New 2024 Tax Brackets: Inflation Adjustment Could Save Taxpayers Money - The Wall Street Journal"
Post a Comment