Source: PK Tax Services Blog

PK Tax Services Blog 2018 Changes to Federal Tax Laws

2018 brings DRAMATIC changes to federal tax law, so we are providing a review of these changes well in advance of tax return time. As always, please be in touch with any questions about this, or any other tax matters. Income tax brackets have changed. The old 10%, 15%, 25%, 28%, 33%, 35%, and 39.6% brackets have been restructured to 10%, 12%, 22%, 24%, 32%, 35%, and 37%. These new percentages are slated to apply through 2025. Read on to discover [...]

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