• Archive for January, 2012

    Important Tax Information for 2012

    by  • January 5, 2012 • Tax News • 0 Comments

    The following table provides some important federal tax information for 2012, compared with 2011. Some of the dollar amounts change due to inflation. Other amounts are changing due to legislation. Social Security/ Medicare 2012 2011 Social Security Tax Wage Base $110,100 $106,800 Medicare Tax Wage Base No limit No limit Employee portion of Social...

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