TBJ Panel: As Google and developers move in, can downtown Durham keep its authenticity?

With big tech companies eyeing Durham for investments and developers reshaping the downtown skyline, the city faces opportunities and challenges on multiple fronts. Real estate experts and local leaders offer strategies for a sustainable path forward. Read More...

Associated Press

IRS ups standard deductions, tax brackets due to inflation

Taxpayers will get fatter standard deductions for 2023 and all seven federal income tax bracket levels will be revised upward as the government allows people to shield more of their money from taxation because of persistently high inflation. For couples who file jointly for tax year 2023, the standard deduction increases to $27,700 up $1,800 from tax year 2022, the IRS announced. Single taxpayers and married people filing separately will see their the standard deduction rise to $13,850, up $900, and for heads of households, the standard deduction will be $20,800, up $1,400.

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