The word tax bracket is spelled out on a piece of paper.

Tax Brackets to Increase in 2022

Tax brackets will be higher in 2022 because of inflation. As compared to 2021 filing season, most tax bracket cut-off points have increased about 3%. These changes will apply to the tax returns that are filed in 2023 so they will not impact the upcoming tax filing season. It is expected that the standard deduction […]

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