January 9, 2015
We’ve rung in the New Year with some updates to the federal tax system. Set by Congress to keep in line with inflation, we highlight four changes that may affect your 2015 tax bill: To start with some good news, the standard deduction will increase slightly: $100 for singles, $200 for married, and $150 for head of household. For 2015, the earnings level for the 39.6% top tax rate has increased by 1.59%. It will now apply to singles earning […]