Ways To Lower Your Income Taxes
If you’re like me, you are working hard on preparing your 2015 taxes. Either you’re doing your own taxes or maybe you are collecting the paperwork to present to your accountant. Federal income taxes are more complicated than ever. Michael Kitces, author of the Nerds Eye View Blog, has produced this chart showing various real marginal tax rates including all the various add-on taxes, such as the net investment tax, and the various phaseouts of exemptions and deductions.
So it’s complicated!