Tag: Tax Rate

The IRS recently announced many inflation adjustments for the 2023 tax year. IRS Revenue Procedure 2022-38 provides details about these amounts. Because inflation is high, many of the amounts for 2023 will change more than they Read More

Here's an overview of the current individual tax rates under the Tax Cuts and Jobs Act (TCJA). Many of its provisions that affect individuals will expire in 2026, unless Congress extends them.   Federal Income Read More