Changes in Tax Rates for 2018
Most tax rates have been reduced. This means most people will pay less tax starting this year. The 2018 tax rates are 10%, 12%, 22%, 24%, 32%, 35%, and 37%.
In addition to lowering the tax rates, some of the changes in the law that affect you and your family include increasing the standard deduction, suspending personal exemptions, increasing the child tax credit, and limiting or discontinuing certain deductions. Source www.irs.gov/pub/irs-pdf/p5307.pdf
Yes, You Probably Need Life Insurance and Here’s Why
Life insurance is not sexy. It’s not fun to talk about and it’s definitely not a process anyone enjoys. However, much like death and taxes, buying
life insurance is an essential part of life and a crucial element of sound financial planning.