Many limitations and thresholds which are related to taxation change from year to year; some do not. From Estate, Gift, and Generation-Skipping Transfer (GST) Taxes, to Qualified Retirement Plan Limits, and Income Tax Rates, as well as Tax Exemptions, Standard Deductions and more. Below is a listing of the 2014 numbers for some key tax matters. Hope it can help you to be better prepared.
2014 Tax Data You Should Know
As always: The foregoing information regarding estate, charitable and/or business planning techniques is not intended to be tax, legal or investment advice and is provided for general educational purposes only. We do not provide tax or legal advice. You should consult with your tax and legal advisor regarding your individual situation.