Tax and financial planning news from around the web: October 2 – 6, 2023

IRS forming backup plans as government shutdown nears 
The IRS is forming contingency plans as the likelihood of a government shutdown approaches, the union representing Treasury and IRS employees has warned. 

Your first look at 2024 tax rates: projected brackets, standard deduction amounts and more 
According to Bloomberg Tax & Accounting, inflation-adjusted amounts in the tax code will increase by 5.4% from 2023. While this is a slight decrease from the 7.1% increase taxpayers felt in 2023, it is nearly double the 2022 increase of 3%.