The IRS has released the latest annual inflation adjustments for more than 60 tax provisions, including updated tax rate schedules and significant tax modifications, for the upcoming tax year 2024.

Stay informed about these recent changes and get a head start on preparing for the impending tax year by exploring the comprehensive details provided by the IRS here:

IRS Announcement on 2024 Tax Inflation Adjustments

Don’t hesitate to contact your Brinker Simpson advisor with any questions or for additional insights into how this tax rate adjustment will affect you and your personal tax situation.