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Health & Fitness

What You Need to Know About Federal Tax Rates

Did you know getting a pay raise or taking overtime could "bump" you into a new tax bracket?

Is the pressure of Tax Day getting you down?

With April 15 mere days away, the Minnesota Society of Certified Public Accounts wants to help taxpayers as they finalize their returns. Be sure to check Patch every day to catch the latest tip.

Today’s tip:

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Did you know getting a pay raise or taking overtime could “bump” you into a new tax bracket? Or that a flat tax of 15 percent is exponentially higher for many taxpayers than the current tax rate system? Learn more about federal tax rates at the MNCPA website.

Be sure to like the MNCPA on Facebook and follow us on Twitter for more tax tips.

Find out what's happening in Eaganwith free, real-time updates from Patch.

The MNCPA serves the public interest by advancing the highest standards of ethics and practice within the CPA profession. MNCPA delivers on that promise by offering extensive continuing professional education and resources; advocating for members and the public with regulatory agencies and boards; and mentoring and encouraging the CPAs and business leaders of tomorrow. Founded in 1904, the MNCPA has more than 9,100 members working in public accounting, business, industry, government and education. To locate a CPA, visit http://www.mncpa.org/referral or call 800.331.4288.

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