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Month: January 2014

Recapping Federal Tax Changes in 2013

Posted on January 8, 2014August 5, 2015 by Cosmo Services

A slew of federal tax changes came into effect in 2013. Here is a recap. New Income Tax Rates The top tax rate of 39.6% was re-introduced in 2013 with the American Taxpayer Relief Act (ATRA). This new rate affects single filers with taxable incomes above $400,000, married joint-filing couples with taxable incomes above $450,000,[…]

Posted in Tax News

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