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Navigating Tax Changes in 2024: What You Need to Know

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In 2024, several key tax updates affect taxpayers, including adjusted income tax brackets, increased standard deductions, and higher retirement contribution limits. The tax brackets have been revised for inflation, with new thresholds for each rate. The standard deduction for married couples filing jointly rises to $29,200. The 401(k) contribution limit increases to $23,000, and the g... https://bostonfagroup.com/#/navigating-tax-changes

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