by KNSS | Nov 27, 2013 | Uncategorized
Each year, the government bumps up the maximum Social Security taxes that you can pay. For 2014, the maximum wage base jumps to $117,000, an increase of $3,300, or 2.8%, over the max of $113,700 that was in place for 2013. The Social Security Administration predicts...
by KNSS | Jun 13, 2013 | Planning, Taxes, Uncategorized
Tax hikes in 2013 mean it’s time to revisit available tax breaks. Effective 1/1/13, taxes increased for many well-paid Americans. Here are three separate tax hikes that might affect you: Top federal income tax rate now 39.6% Top Medicare tax on earned income now...
by KNSS | Feb 20, 2013 | Uncategorized
By Michael Bohigian, EA The American Taxpayer Relief Act of 2012 rescued the vast majority of Americans from the tax edge of the ?fiscal cliff? and the steep tax increases scheduled to kick in as the Bush tax cuts expired at the end of 2012. This legislation, however,...
