50+ Inflation Adjustments to Federal Tax Rates for 2016
6/28/2016
There have been more than 50 inflation adjustments to federal tax rates for 2016 made by the IRS. As for taxpayers with foreign earned income, taxes are excluded on income up to $101,300. That’s a $500 increase from 2015. If you have any questions or concerns regarding this or any other changes, please contact a RINA representative. 1-800-746-2272.
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