January 31, 2015

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October 28, 2014 - CCH Predicts Tax Relief from 2015 Inflation Adjustments - Part 3

Riverwoods, Ill. (September 18, 2014) By Michael Cohn AMT Exemptions Indexed Jones observed that ATRA provided for annual inflation adjustments to the exemptions from the alternative minimum tax. Previously, Congress was required to explicitly increase the amounts by statute every time the so-called “AMT patch” was set to expire. Before ATRRead More

September 25, 2014 - CCH Predicts Tax Relief from 2015 Inflation Adjustments - Part 2

Riverwoods, Ill. (September 18, 2014) By Michael Cohn Higher-income Taxpayers Also Benefit The 2015 year represents the third year that the 39.6-percent tax bracket for higher-income taxpayers, enacted by the American Taxpayer Relief Act of 2012, also known as ATRA, will be imposed. For 2015, Wolters Kluwer, CCH projects that the minimum income amounts at which this top tax rate will kick inRead More

September 24, 2014 - CCH Predicts Tax Relief from 2015 Inflation Adjustments -Part 1

Riverwoods, Ill. (September 18, 2014) By Michael Cohn Taxpayers are expected to receive a modest amount of tax relief in 2015, thanks to the annual inflation adjustments provided under the Tax Code. Wolters Kluwer, CCH released estimated ranges Thursday for each 2015 tax bracket, along with projections for a growing number of inflation-sensitive tax figures, such as the personal exemption and the standard deduction. Bloomberg BNA separately released its own set of estimates Wednesday (sRead More