2023 Tax Brackets Explained

Now that we are into “tax season”, I was thinking: “Maybe someone out there would be interested in an explanation of how the IRS Tax Brackets actually work”?!?  First, “Tax Rates” did not change for 2023.  The “Tax...

This-N-That

A few points from the January 5, 2024, issue of the Kiplinger Tax Letter, concerning Retirement, included in the SECURE ACT 2.0: Provides for penalty-free withdrawals of up to $10,000 for domestic abuse victims and $1,000 for emergencies, from IRA’s &...