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Inflation Adjustments for Tax Provisions for the 2016-17 Year
- November 28, 2016
- Posted by: Smith & Smith
- Category: Tax System
The IRS had announced the inflation adjustments for the tax year 2016-17 back in the closing months of last year. Now that the time has come to prepare your taxes, let us review these adjustments. Tax Brackets for 2016-17 These brackets have been in effect as of January 1, 2016. These values are needed to