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American Tax Payer Relief Act

Sunday, January 13, 2013

IRS Announces New 2013 Tax Rates and Standard Deductions

It's tax time again in Peachtree Corners and elsewhere. Standard deductions will increase, but the ceiling for itemized deductions decrease in 2013, plus other changes that will affect your taxes this year.

The Internal Revenue Service announced Friday the annual inflation adjustments for tax year 2013, including the tax rate schedules, and other tax changes from the recently passed American Taxpayer Relief Act of 2012.  The tax items for 2013 of greatest interest to most taxpayers include the following changes: Source: Internal Revenue Service If you have tax questions and need an expert, use the Peachtree Corners Patch directory to locate a CPA or Tax Service near you.  Keep up with all of the Peachtree Corners news, sign up for the free Peachtree Corners Patch newsletter. And check us out on Facebook and Twitter.

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