Tax Preparation In 2015: 2 Significant Changes In Income & IRA Contribution Limits
Posted on: 15 April 2015
2015 ushered in a year of substantial changes to the United States tax code. Everything from the income tax brackets to the maximum allowable IRA contributions was changed, but the changes will have different effects on those with different levels of income, whether those filing are single or married, and whether those filing contribute to 401(k) plans or IRAs.
If you aren't a tax professional, you might not understand what all of the changes ultimately mean for your deductions, contributions, and so forth, so it's important to hire a tax preparation service to ensure things are handled properly.
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