Tag: IRS brackets and inflation adjustments
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2024 Tax Refunds Expected to Surge: IRS Brackets and Inflation Adjustments Could Boost Returns
As the IRS opens the 2019 tax filing season on January 29, experts expect 2024 tax refunds to be bigger than last year, maybe increasing by 10% for individuals. After the disappointment of reduced refunds in 2023, tax bracket adjustments, inflation provisions, and tax credit expansion may help people and families. Inflation’s Surprise Benefit As…