The IRS has announced the tax inflation adjustments for the 2024 tax year, bringing potential financial benefits for employees. Key changes include elevated federal income tax brackets and enhanced standard deductions, effective from January 2024.

These adjustments, aimed at aligning with cost of living shifts, may lead to a significant portion of your income being exempt from taxation. Consequently, a noticeable uptick in take-home pay could be on the horizon for many employees across America.

2024 Federal Tax Tables
https://www.halfpricesof...eral_income_tax_2024.asp 

2024 Payroll Solutions
https://www.halfpricesoft.com/index.asp