Higher inflation could mean smaller tax bills for some

Host Teri Barr talks with Andy Rosen, an investing and taxes spokesperson with NerdWallet, to learn about the new projections for 2023 taxes based on inflation.

If your income isn't keeping up, we'll tell you why some tax adjustments, credits and savings contributions could change your bill, and why it may be for the better.

Read more here:

• Higher Inflation Could Mean Smaller Tax Bills

More from Andy on NerdWallet:

• Proof of Work vs. Proof of Stake in Cryptocurrency
• Friendly Reminder: Celebrity Crypto Endorsements Don’t Mean Much
• What Are Smart Contracts in Cryptocurrency?

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PennyWise is a show about money, personal finance, investing and travel. The program features a variety of financial experts who can help save you money.