The new tax law changes marginal rates and income brackets.

The federal income tax brackets are the most significant aspects of the Tax Cuts and Jobs Act is the change in. While the number of tax brackets remains the same at seven, the top rate is now at 37% instead of the previous 39.6% and as you can see below the income thresholds have changed.

IMPORTANT: This message contains confidential information intended for a specific individual and purpose and is protected by law. Any review, use, distribution, disclosure, alteration, copying, transmittal or re-transmittal by persons who are not intended recipients of this email may be a violation of law and is strictly prohibited. The information expressed herein may be changed at any time without notice or obligation to update. If you are not the intended recipient, please permanently delete all copies of this e-mail and any attachments from your computer system, destroy any hard copies, and contact the sender or Tamalpais Asset Management, LLC at (415) 722-2188. This message and any attachments are for information purposes only and should not be construed as a sufficient basis on which to make an investment decision and should not be regarded as an offer to sell or a solicitation of an offer to buy any financial product. Any information regarding trading performance must be considered in conjunction with the appropriate disclosure documents. Tamalpais Asset Management, LLC reserves the right to monitor all e-mail communications through its networks. Past performance is not necessarily indicative of future results. E-mail transmission cannot be guaranteed to be secure or error-free as information could be intercepted, corrupted, lost, destroyed, arrive late or incomplete, or contain viruses.

26 views0 comments