Tax Planning & Consulting
Tax Planning Advice from Accounting Professionals
Recent Articles
Amid Soaring Inflation, IRS Releases Higher Tax Brackets and Standard Deductions for 2023
In response to soaring inflation, the IRS has released higher tax brackets and standard deductions for tax year 2023 and subsequent returns filed in 2024. This means that more taxpayers’ earnings will remain in lower tax brackets, which should reduce their income...
Effective Financial Tools to Reduce Your Tax Burden
Americans are no strangers to seeking out ways to legally minimize their tax burdens. Fortunately, there are several financial tools available that can help taxpayers slash their tax liability. In this article, we explore how these tools help you optimize your tax...
Inflation Catches Up with Taxes: Here are the Tax Adjustments Released by the IRS for 2023
The IRS makes tax adjustments every year but because of high inflation, the adjustments for the 2023 tax year are more significant, including changes to standard deduction amounts and tax brackets. Read on for an understanding of the most significant changes in order...
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