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2020 Key Tax Numbers Thumbnail

2020 Key Tax Numbers

It's that time of the year, yet again! The Internal Revenue Service has announced revised cost-of-living adjustments that affect contribution limits for retirement plans and various tax deduction, exclusion, exemption, and threshold amounts. Here are a few of the key adjustments for 2020, along with comparisons to 2019 rates. Printable PDF also available at the link.