inflation adjustments

IRS Announces 2025 Capital Gains Tax Rates: A Vital Update for Taxpayers

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The Internal Revenue Service (IRS) has recently announced the updated capital gains tax thresholds for 2025. These changes, which are linked to inflation, are important for taxpayers, investors, and financial planners. Understanding the new tax brackets can help people make better decisions when selling investments and managing taxes. In this article, we will break down … Read more

How to Ensure You Get Your SSI Payment of Up to $943 in December 2024

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In just 15 days, millions of Supplemental Security Income (SSI) recipients will receive their next payment, which could be as high as $943. The Social Security Administration (SSA) has scheduled the December payment for November 29, 2024, due to the usual weekend adjustment. This update highlights the continued effort of the SSA to provide financial … Read more