Tag: 2014

Here are the latest Health Savings Account (HSA) limits released by the IRS. Consistent with recent years, the inflation-adjusted contribution limits for individuals and families are continuing to increase. Latest HSA Contribution and Out-of-Pocket limits You can see the latest limits in the table below, including minimum deductible and maximum…

Below are the latest Earned Income Tax Credit (EITC) tables and income qualification thresholds adjusted for recent tax years and new legislation. These limits are adjusted annually in line with inflation and other government mandates. The EITC has returned to normal levels following the temporary expansion of eligibility rules and…

The supreme courts 5-4 ruling in favor of President Obama's health care plan means that most of the act's provisions will now go into action. You can find details of these here, but to summarize: Starting in 2013 The legislation for the first time would place a $2,500 limit on…