Mike McConnell

Mike McConnell

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The IRS will soon set new tax brackets for 2024

ome taxpayers may get a break next year on their taxes thanks to the annual inflation adjustment of tax brackets set by the IRS. 

The tax agency hasn't yet announced the new brackets for 2024, but that is likely to come within the next days or weeks, according to Steve Grodnitzky of Bloomberg Tax, which has issued its own forecast for the new tax brackets as well as other policies that are adjusted for higher prices.

Find out more from CBS News -


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