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2016 vs. 2017 Federal IRS Tax Brackets, Tax Rates, Standard Deduction and Personal Exemption Updates

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With the continued low inflation environment federal IRS tax brackets, standard deductions and personal exemptions have only moderately increased in the past few years. Federal income tax brackets and related tax items are adjusted annually, under the tax code, to provide for mandatory cost of living adjustments (COLA). The tables and changes below for 2016 and 2017 tax […]

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