TC Tax Service » Tax Changes http://www.tctaxservice.com Just another WordPress weblog Thu, 05 Jan 2012 22:48:25 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 New Season http://www.tctaxservice.com/2012/01/05/new-season/ http://www.tctaxservice.com/2012/01/05/new-season/#comments Thu, 05 Jan 2012 22:48:25 +0000 Terry http://www.tctaxservice.com/?p=189 The New Year is here and it’s time to get started with Tax Preparation again. We opened our office this week and have already started making appointments for Tax Preparation. Will post later on some of the new tax changes for this year.

]]> http://www.tctaxservice.com/2012/01/05/new-season/feed/ 0 More Changes for 2008 http://www.tctaxservice.com/2008/12/08/more-changes-for-2008/ http://www.tctaxservice.com/2008/12/08/more-changes-for-2008/#comments Mon, 08 Dec 2008 18:33:24 +0000 Terry http://www.expresstaxvaldosta.com/blog/?p=57 Here are some additional changes for the 2008 Tax Year.

Tax-bracket thresholds increase for each filing status.  For a married couple filing a joint return, for example,  the taxable-income threshold separating the 15% bracket from the 25%  bracket is $65,100, up from $63,700 in 2007.

The maximum earned income tax credit for low and moderate income workers and working families with two or more children is $4824, up from $4716.  The income limit for the credit for joint filers with two or more children is $41,646, up from $39,783.

There are still more changes and I will continue to post them over the next few days.

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