TaxWatch
The standard deduction and tax brackets are some of the approximately 60 provisions the IRS updates annually for inflation
There are some easy-to-spot ways that inflation is affecting your taxes. Others are harder to see.
MarketWatch photo illustration/iStockphoto
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 prices, particular…
