MCB Tax Advisors have compiled a table which gives you a quick look at some important federal 2017 tax information, as compared with 2016. The list includes Social Security & Medicare wage bases and limits, IRA and 401K Plan limits, Standard Mileage Rates, Asset Depreciation, and Standard Deductions. Some of the dollar amounts are unchanged, or have changed only slightly due to low inflation; other amounts are changing due to legislation. And some, amazingly, remain the same.
To view the important federal 2017 tax information chart, click the button