, February 21, 2024

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Tax

  Nov 10, 2023

IRS Published Inflation-Adjusted Tax Numbers for 2024

We published several posts on different inflation-adjusted tax numbers for 2024. We hope...

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Tax

  Nov 10, 2023

IRS Released Standard Deduction Amounts for 2024

In Revenue Procedure 2023-34, the IRS released the standard deduction amounts for 2024....

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Tax

  Nov 10, 2023

IRS Announces Higher Retirement Contribution Limits for 2024

The IRS announced that individuals can contribute more to certain retirement accounts: In...

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Tax

  Nov 10, 2023

IRS Published Inflation-Adjusted Tax Rates for 2024

In Revenue Procedure 2023-34, the IRS published inflation-adjusted tax rates for 2024. Married...

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Tax

  Nov 10, 2023

Exclusion for Gifts to Non-Citizen Spouse Will Increase to $185,000 in 2024

In Revenue Procedure 2023-34, the IRS announced that the exclusion to gifts to...

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Tax

  Nov 10, 2023

Annual Gift Tax Exclusion Will Increase to $18,000 to Any Person in 2024

In Revenue Procedure 2023-34, the IRS announced that the gift tax exclusion in...

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Tax

  Nov 10, 2023

IRS Announces Higher Federal Estate Tax Exemption for 2024: $13,610,000

In Revenue Procedure 2023-34, the IRS announced that the federal estate tax exemption...

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  Aug 04, 2023

How Does Inflation Impact Your Money?

Inflation can impact your money in several ways: * It can decrease your buying...

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