The IRS just changed its tax brackets. Here's the impact on your taxes.

Amy Picchi |

The IRS said it is adjusting many of its rules to account for the impact of inflation, ranging from individual income tax brackets for 2023 to the standard deduction. The changes could mean tax savings for some taxpayers next year.

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This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor. 

Amy Picchi is not affiliated with US Wealth Management, LLC and LPL Financial