What tax bracket am I in?Probably the most often asked question for me is what tax bracket am I in. People put a lot of emphasis on that question. I suppose it's their chance to compare how they are doing in relation to others.
How do you really know? Well, you could look at the taxable income line from your prior year's return and look to see what bracket you are in from resources tab of my website. See which category you fit into and voila.
There are ways of planning in order to defer taxable events so don't put too much stock into what bracket you are in. Remember, the object is to pay the least amount of tax required by law.
Give me a call so we can plan on how to get you there.
I am a CPA in San Antonio and serve individuals and small business in San Antonio.
Richard J. Garcia | 05/30/2010