It’s Getting To Know You Tuesday. Today’s tax professional is Desmond Hudson.
Read MoreDay: January 17, 2017
Millions Of Workers Will Pay More Taxes In 2017 Despite Not Having A Higher Tax Rate
Millions of taxpayers will see a tax increase in 2017: they just won’t realize it immediately. That’s because the tax increase can’t be found with a bump in income tax brackets or a rate increase but a change in the cap on wages subject to Social Security taxes.
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