The New Brackets: Know, Who Pays How Much Percent!! - PowerPoint PPT Presentation

About This Presentation
Title:

The New Brackets: Know, Who Pays How Much Percent!!

Description:

Earlier this tax season, the IRS has made some biggest changes in the tax brackets which needs to be followed by all the taxpayers including, single filers & joint filers as well. However, users of Drake cloud need not to take much stress as the hosting provider has already conveying the changes to all. – PowerPoint PPT presentation

Number of Views:12
Slides: 11
Provided by: lunna
Category: Other

less

Transcript and Presenter's Notes

Title: The New Brackets: Know, Who Pays How Much Percent!!


1
The New Brackets Know, Who Pays How Much Percent!!
2
Earlier this tax season, the IRS has made some
biggest changes in the tax brackets which needs
to be followed by all the taxpayers including,
single filers joint filers as well. However,
users of Drake Cloud need not to take much
stress as the hosting provider has already
conveying the changes to all.
IRS
3
Who Pays 10 Percent?
10 percent is the lowest tax bracket settled for
this year. However to lie into this bracket, a
single filer have to make up to 9,525 only. And,
for jointly filing taxpayers the combined limit
is 19,050. Both kind of taxpayers has to stay
within the decided figures in order to lie into
the 10 percent tax liability bracket.
4
Who Pays 12 Percent?
If we talk about the 12 percent tax bracket then,
single taxpayers should lie in between the
figures 9,525 and 38,700. And, joint taxpayers
must lie in between the range of  19,050 and
77,400. The in between limit is for 12 percent
tax brackets.
5
Who Pays 22 24 Percent?
Earlier this tax season, the IRS has made some
biggest changes in the tax brackets which
needs to be followed by all the taxpayers
including, single filers joint filers as
well. However, users of Drake cloud need not to
take much stress as the hosting provider has
already conveying the changes to all.
6
Who Pays 32 35 Percent?
Single taxpayers who are making 157,500 to
200,000 annually falls under 32 percent tax
bracket. Likewise, joint taxpayers with annual
income between 315,000 and 400,000 have to pay
32 percent of their total income to the
government.
For the 35 percent tax bracket, single users
income must lies in between 200,000 and
500,000 whereas joint filers should have an
income in between 400,000 to 600,000. IRS
showed biggest income range jumps in this tax
bracket.
7
Who pays the highest tax rate-37 percent?
According to IRS newest tax bracket changes,
single filers who are making 500,000 or more and
joint filers who are making 600,000 and up
should have to pay the highest tax rate i.e. 37
percent this year.
Pay The Highest Tax Rates..
8
About Us
SageNext Infotech is an Intuits trusted premier
reseller and authorized commercial host that
frequently deals in accounting taxation
applications to provide hosting services to CPAs,
bookkeepers, and businesses.
We visions to host all the accounting taxation
software on the most reliable SSD servers
which enriches the business productivity.
9
Want To Contact Us?
To know more about the Drake
Hosting services offered by leading
commercial host i.e., SageNext, use following
mediums
Please visit us at www.thesagenext.com
Dial our toll-free support number
1-855-922-7243
10
Liked This Deck?
Check out some of our curated presentations to
know things relevantly
Follow us To Get Instant Updates Useful content
Businesses can choose best-suited software
from the wide range of Taxwise editions
equipped with advanced features, reporting, and
monitoring.
Write a Comment
User Comments (0)
About PowerShow.com