IRS Provides Tax Inflation Adjustments for Tax Year 2022 - NewsBreak

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By Olachi in Business
Updated 2 years ago

WASHINGTON, D.C. — The Internal Revenue Service announced the tax year 2022 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2021-45 provides details about these annual adjustments. Highlights of changes in Revenue Procedure 2021-45: The tax year...

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