CNN Oct. 19, 2022

New IRS rules mean your paycheck could be bigger next year

Inflation may be pushing prices up, but it also may help push up your take-home pay starting next year.

Thanks to inflation adjustments to 2023 federal income tax brackets and other provisions announced by the Internal Revenue Service this week,more of your 2023 wages may be subject to lower tax rates than they were this year, and you may be able to deduct higher amounts of income.

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