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IRS announces new income tax brackets for 2024

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The Internal Revenue Service (IRS) has not yet released the new income tax brackets for 2024. It will release information regarding the changes for this tax year closer to the filing season. Typically, the tax tables are often updated in late December or early January for any given tax year and taxpayers are advised to consult the IRS’s website for the most accurate and up-to-date information.

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