IRS Announces 2018 Inflation Adjustments

Posted October 25, 2017

Source: Forbes.com

The IRS has released the 2018 inflation adjustments. Generally, the 2018 inflation adjustments will apply to tax years beginning in 2018. The 2018 inflation adjustments include the new tax rate tables. They also include the income levels for the limitation on certain itemized deductions, and the phase out range for personal exemptions and credits. Continue reading.

Steve Barlotta CPA

Steve Barlotta has over 30 years of diversified experience in the public accounting industry. Steve Barlotta graduated Magna Cum Laude from Susquehanna University with a B.A. in accounting. In 1986, Steve Barlotta started his career with the “big four” accounting firm Deloitte Touche in New York City. Steve Barlotta founded Barlotta & Associates, LLP in 1996. In 2015, Steve’s firm merged with Richard Rausa & Associates, CPA, PA to form Rausa, Barlotta & Associates, PA.

IRS Announces 2018 Inflation Adjustments

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