IRS Provides Tax Inflation Adjustments for Tax Year 2024

Publisher: Signature Relocation

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IRS Provides Tax Inflation Adjustments for Tax Year 2024

The Internal Revenue Service (IRS) has announced the annual inflation adjustments for tax year 2024, impacting more than sixty tax provisions, including tax rate schedules and other tax changes. These adjustments are significant as they will apply to income tax returns filed in 2025. Download to see the key changes for tax year 2024.