Your 2023 Tax Fact Sheet and Calendar

As we enter 2023, there aren’t many seismic changes scheduled, taxwise. Instead, most of the tax changes going into effect as the new year dawns amount to adjustments to income or contribution limits, reflective of the effects of inflation in various provisions within the tax code. Because inflation has been high recently, those inflation adjustments are also higher than usual.

Here are key tax-related dates and data points to have on your radar for the year ahead.

Read the full story here: https://www.morningstar.com/articles/1072665/your-2023-tax-fact-sheet-and-calendar