2014 Tax Considerations

CLICK HERE to download the PDF The followings are articles regarding tax law changes and are categorized in: Individual Income Tax Provisions Education Trust, Estate and Decedent Income Tax Estate, Gift and Generation-Skipping Transfer Taxes Pension and IRA Provisions Business Provisions Things to Consider Before The End of 2014 2014 Tax Rate Schedule 2015 Tax Rate…

IRS Announces 2015 Pension Plan Limitations; Taxpayers May Contribute up to $18,000 to Their 401(k) Plans in 2015

The Internal Revenue Service announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2015.  Many of the pension plan limitations will change for 2015 because the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment.  However, other limitations will remain unchanged because…