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IRS announces adjustments in response to inflation

Posted

October 19, 2022

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The Internal Revenue Service has announced several adjustments to account for the impact of inflation. These include higher federal income tax brackets and standard deductions for the year 2023. CBS News MoneyWatch associate managing editor Aimee Picchi joins the show to break down these forthcoming changes and more.

#news #irs #tax

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IRS announces adjustments in response to inflation · CBS News · Sentinel