The IRS Announces Increases to Tax Benefits in 2012

Thanks to inflation, the IRS will increase certain tax benefits that will affect most taxpayers including the estates of decedents dying in 2012.

Under the law, most tax provisions are adjusted annually for inflation. The net result of the changes taking effect in 2012 will be higher values for the standard deduction as well as personal and dependent exemption amounts. Tax-bracket thresholds will increase, allowing more taxpayers to be taxed in lower brackets, and the maximum earned income tax credit for low- and moderate- income workers and working families will also rise.

For the full story, click here:,,id=104345,00.html

If you have any questions, call us at (916) 488-8501.

No Comments

Leave a comment
Comment Information

Contact the Law Office of Williams & Associates

For more information about our tax law services, or to discuss your tax matter, call our Sacramento office at (916) 488-8501 or toll free at (800) 684-7147. You may also send us an inquiry via email.

Contact the Firm

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Office Location:

3600 American River Drive, Suite 135
Sacramento, CA 95864

Toll Free: 800-684-7147
Phone: 916-488-8501
Fax: 916-488-8196
Sacramento Law Office Map