Tax rates, deductions, and phase outs seem to be changing constantly, making the timing of income and expenses trickier than ever. However, for most taxpayers, the mantra should continue to be: defer income and accelerate deductions. The following deduction strategies...
When does one plus one not equal two? When it comes to paying federal income taxes. If your spouse earns significantly more than you do, you and your sweetheart enjoy what is known as the “marriage bonus.” This means that, as a couple, you are paying less in taxes...
Download our two-page “Important Numbers” guide. This quick reference guide covers the most important annual limits as well as figures that are commonly referred to during the year. It includes:
Tax rates for MFJ, Single and Estates
AMT annual limits
Standard deductions for MFJ and Single
Social Security annual limits (including earning limits)
Full Retirement Age chart
Social Security taxation summary for MFJ and Single
IRMAA Surcharges
Retirement Plan Annual Limits
Traditional and Roth IRA Annual Limits
Estate and gift tax annual limits
HSA annual limits
And More
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