The U.S. IRS has announced the release of the tax inflation adjustments for tax year 2027.
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IRS releases tax inflation adjustments for tax year 2027; taxpayers continue to benefit from the Working Families Tax Cuts
WASHINGTON — The Internal Revenue Service today announced the tax year 2027 annual inflation adjustments for almost 70 tax provisions, including the tax rate schedules, standard deduction amounts and other tax changes. Revenue Procedure 2026-35 provides details about these…