Federal Income Tax Brackets Released for 2021: Has Yours Changed?

2022-01-11T10:09:06-05:00

Tax rates haven't changed since 2018, however, the IRS updates the income brackets annually for inflation. Since tax planning is all about thinking ahead, now’s the opportunity to start planning on how to handle your 2021 finances, in anticipation of filing returns in 2022. Taxpayers will fall into one of seven brackets: 10%, 12%, 22%, [...]