Key 2011 Tax Change Alert Some tax certainty to help you plan. The last few tax years have been filled with uncertainty with late changing tax laws impacting the majority of taxpayers. Thankfully, the passage of the Tax Relief/Job Creation Act in December, 2010 eliminated much of this uncertainty for 2011....Read More College Costs Continue to Rise According to recently published research by the CollegeBoard, the average cost to attend college has gone up 8.3% for the 2011/2012 school year. This cost is vastly over the projected inflation rates...Read More Social Security Benefits set for 2012 Finally, after two years of no changes, the Social Security Administration announced that monthly social security and supplemental security income benefits (SSI) will increase in 2012 by 3.6%. In addition, other changes that take place based on the national average wage index will also be changed... Read More 2012 Tax Brackets Use the income tax table here to understand your marginal tax. Your "marginal tax" is the rate the next dollar you earn will be taxed at. The biggest jump in rate is 10% (between the 15% and 25% tax rates) or around $35,000 for a single person and $70,700 for a married couple...Read More This publication provides summary information regarding the subject matter at time of publishing. Please call with any questions on how this information may impact your situation. This material may not be published, rewritten or redistributed without permission, except as noted here.This email includes, or may include, links to third party Internet Web sites controlled and maintained by others. When accessing these links the user leaves this email. These links are included solely for the convenience of users and their presence does not constitute any endorsement of the Websites linked or referred to nor does NTB Consulting LLC have any control over, or responsibility for, the content of any such Websites. All rights reserved. NTB Consulting LLC Accounting, Bookkeeping, Taxes & Financial Staffing 3303 Sunset Avenue Suite J Rocky Mount, NC 27804 ntbconsulting@embarqmail.com 252-443-4480 |
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