IRS Provides Tax Inflation Adjustment for 2024

Just announced yesterday, the IRS  announced the annual inflation adjustments for more than 60 tax provisions for tax year 2024, including the tax rate schedules and other tax changes. Revenue Procedure 2023-34 provides detailed information about these annual adjustments.

You can find the full article for your information here: https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2024.

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