Inflation Leads IRS To Raise Tax Brackets for 2024 Filings - What Does This Mean for You?
Life's certainties include death and taxes, but yearly changes in tax laws bring uncertainty for all taxpayers. The IRS recently announced a 5.4% increase in the thresholds for each tax bracket for 2024 filings. In this blog post, stay informed about tax bracket changes and understand the difference between marginal and effective tax rates.