Tax Updates For 2024 Tax Season. Highlights include revised tax slabs, increased deductions, and simplified taxation. Proper tax planning requires an awareness of what's new and changed from last year, and there are lots of tax law changes and updates for 2024 that you need to know.

Some new things this year include an increased standard deduction, adjusted tax brackets, and some key changes to common tax credits and deductions. When can i file my 2024 tax return?