Today news
About the same in other media
Inflation Causes IRS to Raise Tax Brackets, Standard Deduction by 7%
Reading now: 534
WASHINGTON—The Internal Revenue Service adjusted key tax code parameters for 2023 to reflect higher inflation, raising the standard deduction and the income thresholds where tax rates take effect.
The 37% top marginal tax rate will apply to individual income above $578,125 and married couples’ income above $693,750 next year, as those thresholds go up 7% from 2022 under inflation adjustments announced by the agency on Tuesday.
Read more on wsj.comAbout this in other media
U.S. Commissioner pushes lawmakers to speed up with crypto regulations ambcrypto.com /2 years ago
EU Commissioner urges lawmakers to hurry up with crypto regulations cointelegraph.com /2 years ago
Damien Hirst Burns Artworks After Collectors Pick NFTs (Tokens) Instead ndtv.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
