2016 Payroll and Tax Update

Published on December 30, 2015.

January 2016   We wish all of our friends a Happy and Healthy New Year!   This letter contains important tax related information that you may need for 2015 and 2016. As always, please contact us if you have any questions.   TOPIC                                                                                                                                                                               IMPORTANT WEBSITES. ESTIMATED TAXES FOR INDIVIDUALS. INDIVIDUAL INCOME TAX RATES. Federal Individual Rates. Capital Gain, Dividend, and

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Congress Passes Tax Extended Legislation

Published on December 22, 2015.

Protecting Americans from Tax Hikes Act of 2015 (“PATH Act”) On December 18, the Senate passed the Protecting Americans from Tax Hikes Act of 2015 (“Path Act”), which the House had passed the day before. The President quickly signed the legislation into law. The Path Act addresses the 50 or so taxpayer favorable “extenders” that had expired at the end

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