Tag: taxcode
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Does inflation affect your tax return? Yes, and here are 5 things to watch out for.
[ad_1] As Americans complete their income-tax returns ahead of the April 18 filing deadline, they are revisiting the effects of last year’s scorching-hot inflation — even if they don’t realize it. Like so much else in a person’s financial life, inflation seeps into their tax situation. When the tax code attempts to account for rising…