Tax rates, tips and other helpful information for this year
Every year brings new changes to the tax code. Here is where you can review tax code changes that impact most taxpayers.
Here are the standard deductions for the current tax year.
Corporate tax rates and Section 179 expense limits are noted here for your use.
Here are the income levels subject to Social Security and the tax rates applied to your income for both Social Security and Medicare. Facts everyone should know.
A great comparison of this year's key tax amounts and how they changed versus last year.
Tax benefits often disappear as your income rises. Here are the key phaseout levels.
Funding a retirement plan or an HSA? Don't forget to adjust your contributions for new limits each year. Here they are.
There is an alternative to saving everything in case of audit. Here are the basics of what you should keep and how long you generally need to keep them.
Not sure how long to keep business records? Outlined here is a conservative approach that will help you be prepared in case you need them.
Here are current year mileage rates
Up to date IRS interest rates can be found here for the current tax year.
Always know your marginal tax rate. Use the tax table here to see the rates applied to each level of your income.
Here are the current year and prior year estate and trust tax tables. Remember, this tax table is now used for kiddie tax calculations.
Looking for educational expense tax deductions and other benefits? Listed here are the credit and deduction limits for popular educational tax benefits.
Questions about your financial situation? Contact us!
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