Tax filers could get a break on their federal returns this year because of inflation

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Tax filers could get a break on their federal returns this year because of inflation
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The deadline to file your taxes is ticking, a little more than a month away. There's some good news for tax filers this year; you could get a break on your federal tax return because of inflation.

As the 2024 tax deadline approaches, there's some good news: You could get a break on your federal tax return because of inflation.There's some good news for tax filers this year: You could get a break on your federal tax return because of inflation."Everything from the grocery store to purchasing just your everyday products to everything just going up. It's out of control," said consumer Richard Herbert.

"Some people, because of this may see a lower tax liability this year. some people who didn't get a raise at all may actually see they pay fewer taxes," Weisbaum said.

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