Our tax organizer can be helpful as a checklist and reminder of items we will need to prepare your tax return.
Tax Rates and Brackets
For 2018-2025, the Tax Cuts and Jobs Act (TCJA) changes the federal income tax rates and brackets for individual taxpayers and trusts and estates. For 2018 through 2025, the TCJA retains seven tax rate brackets for ordinary income. Five of the rates are lower than before. In 2026, the rates and brackets that were in place for 2017 are scheduled to return (subject to inflation adjustments for the brackets).
