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RichVintage / Getty Images. ... the standard deduction rises to $13,850 for 2023, an increase of $900 from last year. For heads of households, the standard deduction will be $20,800 for tax year ...
As for the annual gift tax exclusion – the amount of tax-free money you can give to another person in 2023 – is $17,000 (up from $16,000 in 2022). If a gift exceeds $17,000 in 2023, the excess ...
U.S. chief executive officers see a potential increase in corporate tax rates as among the top concerns to their business this year, according to a report Thursday by the nonprofit the Conference ...
Corporate tax is imposed in the United States at the federal, most state, and some local levels on the income of entities treated for tax purposes as corporations. Since January 1, 2018, the nominal federal corporate tax rate in the United States of America is a flat 21% following the passage of the Tax Cuts and Jobs Act of 2017. State and ...
As the New Year arrives, financial advisors should be looking ahead to 2023, understanding what tax changes will impact clients and what they can do to plan ahead. For financial advisors, the 2023 ...
The last two years included temporary changes to the tax code as a response to the pandemic and the economic havoc it wrought. In the 2022 tax year, many of those tax breaks expired. Yahoo Finance ...
The due date to file your 2021 tax returns — and this time there’s no more wiggle room — is Oct. 16. More From GOBankingRates 40 Cities That Could Be Poised For a Housing Crisis
The 10 Best Balance Transfer Credit Cards for 2023. Experts: 4 Safest Places To Keep Your Savings. This article originally appeared on GOBankingRates.com: Tax Schedule 2023: Every Date You Need To ...