ASK MICKEY, CPA What is the 2024 inflation-adjusted tax code for 2024?
ANSWER The Inflation-adjusted amounts in the Tax Code are predicted to increase 5.4% in 2024, according to a newly released report from Bloomberg Tax.
While this is a slight decrease from the 7.1% increase this year, it’s close to double the 2022 increase of 3%.
#taxpreparation #taxpreparer #taxbenefits #taxes2023 #tax #taxcode #inflation #cpafirm #cpa #cps #accountant #quickbooks #quickbooksserviceprovider ASK MICKEY, CPA Starting a New Business-Should I use a LLC?
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