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Annual Inflation Adjustments for Tax Year 2025: What Boston Taxpayers Need to Know

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The IRS has announced significant inflation adjustments for the 2025 tax year that will impact taxpayers, including those in Boston. Key changes include increased standard deductions, adjusted tax brackets, higher capital gains tax thresholds, and raised contribution limits for retirement accounts like 401(k)s and IRAs. These adjustments offer opportunities for tax savings and improve... https://bostonfagroup.com/#/annual-inflation-adjustments

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