Found 1 blog entry tagged as 2015 Tax Changes.

 

Tax laws are constantly shifting, lots of ebbs and flows.  There are no major new tax legislation changes for 2015, but tax laws are still always changing.  Some changes for 2015 may affect you.  Thank goodness, Florida does not have a state tax!

The 2015 tax bracket refers to the top 1 percent of high-income earners.  This means high-income earners will be paying 39.6 percent income tax on gross taxable earnings.

The IRS is cracking down on IRA rollovers. It was easy to “borrow” money set aside for retirement for up to 60 days.  As of 2015, one can only do that once in a 12-month period.  If you wish to move IRA assets, you may do so by using “trustee to trustee” transfers.

The Health Insurance penalty for not having health insurance has…

45070 Views, 0 Comments

Read Full Post