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November2016 Inflation-Adjusted Tax Changes You Need to Know
This post comes from Per Stirling Partner and Financial Advisor, Kenneth Price, CFP®, CFA®, AEP®, CLU®, ChFC®. The Internal Revenue Service recently announced inflation-adjusted items for 2016. The top tax bracket of 39.6% will begin at taxable income over $466,950 for married individuals filing jointly (over $415,050 for single filing status). The changes between the […]
20152016adjusted gross incomeAGIdeductionsestate planningexclusiongift taxinflationInternal Revenue ServiceIRSlong term carepersonal exemptionspremiumssocial securitytaxtax bracketU.S. citizen