Thursday, October 20, 2022

IRS Giving Tax Breaks

IRS Releases Inflation Adjustments for 2023 Taxes: Here’s What It Means for You

As the cost of living has soared for Americans battling against chronic inflation, the Internal Revenue Service (IRS) may be bringing some welcome relief.

The federal agency announced on Oct. 18 a string of new annual inflation adjustments that will impact the 2023 tax year, potentially bringing a boost to your paycheck, particularly if your salary hasn’t kept up with the increasing cost of living.

Maybe those 87 thousand armed IRS agents won't be knocking on our door now.

Read about it...

2 comments:

Anonymous said...

They should do it for 2022 taxes we have had a bad year with lots of inflation doesn't helps us for a whole other year!

Anonymous said...

Sleepy joe has to be the worst resident of the White House ever!