The Internal Revenue Service issues updates to the Federal Income Tax Rates and Tax Brackets yearly. The tax rates change based on tax law modifications made by the federal legislature, and the tax brackets are adjusted annually for inflation. If you would like to see what rate and bracket your income currently falls in, click the link below.
[NOTE –the IRS link above should open in a new window. Even though this is a PDF, we don’t want to host it, as it is a publication that the IRS updates annually. By directing users to the IRS site, ostensibly it should always link to the most recent version.]
Do you have questions related to your federal income tax rate, tax bracket, or withholding? Contact our office today. We can work with you to make sure you are maximizing the proper deductions, minimizing your tax liabilities, and meeting your financial goals.