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In this video, I discuss the newly released 2024 tax brackets by the IRS, which are adjusted for inflation. I'll explain how these changes may affect you and what steps you can take to reduce your taxes and prepare for 2024. We'll go through the tax brackets, deductions, and credits, and I'll provide examples of how you can optimize your tax strategy. Understanding these details can help you keep more money in your pocket and navigate the 2024 tax year effectively. If you have any questions or find this information valuable, please subscribe to my channel for more financial insights. 0:00 Intro 0:24 2024 Tax Brackets 1:55 2024 Standard Deductions 2:34 Simple Tax Calculator 4:18 Roth Vs. Traditional Retirement plan tax example 4:45 2024 Retirement Plan Limits 5:44 Tax Credit and Deductions 7:09 Retire Early ///////////////////////////////////////////////// Get answers FASTER... Join this channel to get access to perks: / @travissickle Chat on discord: Join Link / discord Support on Patreon: / travissickle Get IRS FORM W4 TAX WITHHOLDING HELP HERE STARTING AT $39. bit.ly/3FJ6w8U ----------------------------------------------------- Are you ready for professional investment advice? We can help you with financial planning and asset management. Let us guide your investments to your financial freedom. START HERE http://bit.ly/2Fo21Ry Our financial planning process is an ongoing relationship because as you grow, your financial plan grows with you. At Sickle Hunter Financial Advisors, we believe that saving and making sound financial decisions will help improve your life’s changing needs and objectives. Retirement, college planning, wealth building, social security, and career benefit packets are only a few of the financial decisions that you may face in your lifetime and we’re here to help guide you. TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP® CERTIFIED FINANCIAL PLANNER™ Company Website: https://www.sicklehunter.com twitter: @travissickle Instagram: / travistsickle facebook: / sicklehunterfa LinkedIn: / travissickle Sickle Hunter Financial Advisors 1646 W Snow Ave. Suite 144 Tampa, FL 33606 ------------------------------------------------------- Gear Used in Videos https://bit.ly/3bUPvXP Partnership referral links Aura Identity Theft Protection Up to 50% off HTTPS://www.aura.com/travis Bitcoin IRA https://bitcoinira.pxf.io/75aJQQ Sofi Banking https://bit.ly/3OPpmjZ All Amazon links are affiliate links ____________________________________________________________________________ Information in this video is for educational and entertainment purposes only. sicklehunter.com/disclosures ____________________________________________________________________________ #travissickle