Tag Archives: 2015 Taxes

Tax Benefits that have been Extended for 2015

Posted on January 7, 2016 by Camron Hoorfar

On December 18, 2015, President Obama signed into law the Protecting Americans from Tax Hikes Act (PATH Act). The new law extends the following tax benefits: Additional Child Tax Credit – The income threshold limit was changed from $10,000, indexed … Continue reading →

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2015 Tax Updates

Posted on December 3, 2014 by Camron Hoorfar

Here are a few recent tax changes for the upcoming 2015 tax year that you should be aware of: The annual contribution limit for 401(k)s, 457 plans, and thrift savings plans is $18,000; The catch-up contribution limit for taxpayers over … Continue reading →

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