Tag Archives: Personal taxes

Here are the new income tax brackets for 2023

[ad_1] Andersen Ross | Blend Images | Getty Images Amid soaring inflation, the IRS on Tuesday announced higher federal income tax brackets and standard deductions for 2023. The agency has boosted the income thresholds for each bracket, applying to tax year 2023 for returns filed in 2024. These brackets show …

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Here’s how to pick the best charitable giving strategy

[ad_1] Catherine Mcqueen | Moment | Getty Images It’s easy to transfer cash when a charity pulls at your heartstrings. But other giving strategies may provide a bigger tax break, financial experts say. Despite economic uncertainty, nearly 70% of Americans plan to donate a similar amount to charity in 2022 …

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