Several changes were made to the Tax Code last year, and some of these changes might affect you as you prepare your 2013 Income Tax Return. If you would like to learn some tips and stratetgies on how to keep the most of your hard-earned income, please join us at 7:00 pm on Tuesday, February 18th in the Menninger Room 206 at the Library. A tax professional from H&R Block will be discussing changes in the Tax Code and strategies for preparing your 2013 tax return.
For 2014, more than 40 tax provisions are affected by inflation adjustments.
Potential topics of discussion include:
- Earned income tax credit
- Retirement Savings Contribution Credit (Saver’s Credit)
- Medical Savings Accounts
- Standard Deductions
- Tax-Bracket Thresholds