Standard deductions reduce taxable income and therefore the taxes people owe. Just as tax brackets adjust each year to account for inflation, the standard deduction is also changing in 2027. Here are the new figures for 2027 👇

AL.com @aldotcom ·
Standard deductions reduce taxable income and therefore the taxes people owe. Just as tax brackets…

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  1. #1

    Gov. Kay Ivey, reflecting on the turmoil surrounding her sudden elevation to governor in 2017, says ensuring a smooth transition is a personal priority.

    AL.com @aldotcom ·
    Gov. Kay Ivey, reflecting on the turmoil surrounding her sudden elevation to go…
  2. #2

    "Today and every day is the day to honor those who truly make America great," cartoonist JD Crowe writes. "Thank you, Veterans."

    AL.com @aldotcom ·
    "Today and every day is the day to honor those who truly make America great," c…
  3. #3

    When the deal was announced in June, the companies said it would be completed in the first half of 2027.

    AL.com @aldotcom ·
    When the deal was announced in June, the companies said it would be completed i…
  4. #4

    Social Security’s typical schedule has an important change this month.

    AL.com @aldotcom ·
    Social Security’s typical schedule has an important change this month.
  5. #5

    According to testimony, the shooting was over a drug debt between two homeless men.

    AL.com @aldotcom ·
    According to testimony, the shooting was over a drug debt between two homeless…
  6. #6

    A 23-year-old man seen naked and crying after the fatal shooting of his girlfriend in Birmingham claims the shooting was accidental. He said he was defending himself when he grabb…

    AL.com @aldotcom ·
    A 23-year-old man seen naked and crying after the fatal shooting of his girlfri…

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