Tax Changes

Tax Changes, Tax Brackets and Tax Rates for 2023 Tax year Key Points Stay current on annual tax law changes for effective tax planning. Inflation Reduction Act tax breaks for green energy and home improvements. Review updated tax brackets and corresponding tax rates. We know what you're thinking; you've only recently filed your 2022 form 1040 (or 1040-SR tax return if you're a senior) and already, it's time to start looking down the road and situating yourself for your 2023 returns. Healthy tax planning means understanding the differences between your last tax year filing and your upcoming [...]