Hoboken, NJ (PRWEB) November 20, 2013
The year 2013 will stand to be both consistent and memorable when it comes to tax changes. With the extension of the Bush-era tax cuts this year, taxpayers were able to breathe a sigh of relief, since it prevented taxes from increasing. Meanwhile the Supreme Court decision on same-sex marriages and the IRS announcement that legally married same sex couples will be treated as married for all federal tax purposes, was a major announcement this year. Available now with these updates and much more is the nation’s number one bestselling tax guide J.K. Lasser’s Your Income Tax 2014: For Preparing your 2013 Tax Return (Wiley, November 2013; $22.95; ISBN: 978-1-118-73423-0). Written by a team of tax specialists it covers some of the most important topics associated with taxes, such as what taxpayers need to report as income, what deductions they can claim, all while providing strategies that will ultimately save taxpayers money. The updated guide includes over 2,500 easy-to-use tax planning tips and coverage of the year's tax law changes as well as:
•New additional Medicare taxes on earned and investment income
•Higher AMT exemption amounts
•Increased floor for itemized medical expenses
•Increased standard deductions and personal exemptions
•New top rates of 39.6% (ordinary income) and 20% (long-term capital gains and qualified dividends) for high-income taxpayers
•New phase-outs of personal exemptions and itemized deductions if income exceeds thresholds
•Optional simplified method for figuring a home office deduction
Filled with practical tax guidance you can't find anywhere else, J.K. Lasser's Your Income Tax 2014 will help you plan and file your 2013 tax return in the most efficient way possible. Special features throughout the guide include icons to highlight new tax laws, IRS rulings, court decisions, filing pointers and planning strategies. It also includes a free supplement with tax forms for filing.
Taxpayers can gain direct access to supplement materials through http://www.jklasser.com, including links to the latest tax forms from the IRS, up-to-the-minute tax law changes, small business help, and much more. For additional information please follow us on Twitter: @JKLasser and on Facebook: https://www.facebook.com/JKLasserTax
Barbara Weltman, J.K. Lasser’s spokesperson, is an experienced media professional, ready to lend her expertise to print, online, and broadcast segments and is available for interviews and year-end tax questions. Barbara was recently named among the List of 100 Small Business Influencers for 2013, among many other major honors. She also hosts the radio show “Business Leader Radio” on http://www.wsradio.com. Barbara can be reached at info(at)BarbaraWeltman(dot)com.
J.K. LASSER’S YOUR INCOME TAX 2014:
For Preparing Your 2013 Tax Return
Published by John Wiley & Sons, Inc.; Publication date: November 11, 2012
$24.95; Paperback; 848 pages; ISBN: 978-1-118-73423-0 *also available in e-book format*