February 2, 2017


Every year, the IRS tinkers with many of its rules to adjust for inflation and new legislation. Keeping up with all the changes can be daunting — especially because there’s a difference between the year we’re in and the tax year the changes apply to.Tax season officially gets under way this week. Here are some of the changes that matter as you prepare your tax return for the 2016 tax year.

Source: IRS changes you should know about before filing your taxes