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Business briefing · Friday, November 6, 2026 · Daily edition · Story 2 of 5
2027 tax brackets announced by IRS with higher income thresholds
The IRS has announced new federal income tax brackets and standard deductions for 2027. The changes may affect taxpayers' tax bills and include updated income thresholds.
Why it matters: Taxpayers should be aware of the new brackets as they may influence their tax planning and overall tax liability.
Sources: Forbes Business · CNBC · MarketWatch
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