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Taxmagedon Strikes!

Tax HelpSo, you and your spouse combined make over $250,000. Did you get a surprise when you went to file your taxes this year? Did all of a sudden you now owe a TON of extra $?

You got hit by Obamacare’s regulations. You can now expect that your tax bill on a regular basis will be at least, on average, 5% MORE than they always have been.

Have you increased your withholding to adjust? What are you doing to prepare for your 2014 bill as it comes?

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PLEASE NOTE: As of late Aug 2018 there was a proposed law change that would disallow a double deduction for these charitable credits at the federal level for contributions made after Aug 2018. You are still eligible for the AZ state tax credits as the change would only impact your ability to take them as charity donations at the federal level.
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