patching...
Welcome back, Patch Blogger!

2013 Tax Changes

Wednesday, January 16, 2013

IRS Announces New 2013 Tax Rates and Standard Deductions

It's tax time again in Suwanee and elsewhere. Standard deductions will increase, but the ceiling for itemized deductions decreases in 2013.

The Internal Revenue Service announced recently the annual inflation adjustments for tax year 2013, including the tax rate schedules, and other tax changes from the recently passed American Taxpayer Relief Act of 2012.  The tax items for 2013 of greatest interest to most taxpayers include the following changes: Source: Internal Revenue Service This article originally posted in Peachtree Corners Patch. Don’t miss any Suwanee or Gwinnett news. Subscribe to Suwanee Patch’s free newsletter, like us on Facebook and follow us on Twitter.  

Got a Hot Tip?