2016 Year End Newsletter

Want to read the PDF version? Click here: 2016 SS Year End Newsletter

Trump’s Tax Plan

Here are the major points of Trump’s Tax Plan that will impact your personal taxes: Decreased Tax Brackets and Rates: Trump’s tax plan calls to reduce the number of tax brackets from the current 7 brackets (10%. 15%, 25%, 33%, 35% & 39.6%) to just 3...

Checklist to Cut Your 2016 Taxes

It’s not too late to cut your 2016 tax bill.  Prior to Dec. 31st: Increase your 401(k) and 403(b) contributions if you haven’t been contributing at the maximum rate all year. This year you can put away up to $18,000 ($24,000 if 50 or older) into your...

IRS Identity Protection PIN

An Identity Protection PIN is a 6-digit number that the IRS assigns to taxpayers each year to help verify his/her identity and protect against identity theft. If you’ve been a victim of identity theft and have notified the IRS of your ID Theft, you must include this...

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