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The tax rate on ordinary income for taxpayers earning over $400K (or $450K married) increases from 35% to 39.6%. Capital gains and dividends now have a top tax rate of 20% The estate tax exemption remains at $5M per person, however the top rate increased to 40%.
For more information on filing your individual or business tax return, visit www.LandmarkTaxGroup.com or call us at 1-714-382-6780 for a FREE and CONFIDENTIAL consultation with former IRS Personnel. Landmark Tax Group is licensed by the IRS to help individuals and small businesses resolve their IRS problems with tax liens, unfiled tax returns, back taxes, offers in compromise, wage garnishment, bank levies, installment agreements/payment plans, innocent spouse claims, audits, payroll taxes, bankruptcy, and more. Contact: Michael Raanan, MBA, EA President Former IRS Revenue Officer
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