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Filing Your Taxes: Things You Should Know

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Ladies and gentlemen, the tax game has changed for better or worse. Avoid getting taken by surprise by learning beforehand what has changed this year. Higher Income Blues If you make $400,000 as a single man or woman or $450,000 as a family, you will now be subject to a 39.6% tax rate. Furthermore, the cap on Medicare tax has been removed, meaning you need to pay an additional .9% tax rate even if you make over $200,000 as an individual or $250,000 as a family. Help For The Self-Employed […]