Episode 181: What Tax Changes Are Coming in 2023?

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Today’s Smart Money Question:

If you’re wondering what taxes will look like in 2023, as far as standard deductions and increase in tax brackets, today’s show is for you. The IRS just released this information recently and we want to take you through the key changes.

Whether you’re filing single or married filing jointly, we’ll explain what will be different for you next year. Check out today’s full show to learn more about how the IRS changes could affect you as you make any tax planning moves before the year closes out.

On today’s show, here’s some of what you’ll learn:

  • What adjustments should you make to prepare for tax changes in 2023? (2:06)
  • Why you should be an aggressive investor. (4:20)
  • Should you take a Roth option at work? (8:08)

If you are interested in any of the topics we discussed, please reach out and we would be happy to help you navigate your financial situation.

 

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