Escient Financial

Blog tagged as Tax Bracket

Income Tax Brackets for 2024
The IRS announced higher tax brackets and standard deductions for 2024. Contribution limits have also been increased for HSAs and FSAs.
New Income Tax Brackets for 2023
In response to high inflation, the IRS announced higher tax brackets and standard deductions for 2023. Contribution limits have also been increased for HSAs and FSAs.
Pre-Tax vs After-Tax Retirement Contributions
Tax planning is a year-round effort. Here's how you can plan ahead with your tax strategy so you’re prepared all year long.
What Is the Difference Between a Tax Credit and a Tax Deduction?
While they’re both worth getting excited over, it’s important to understand the fundamental differences between tax credits and tax deductions.
Cryptocurrency and Taxes
Cryptocurrencies are considered property. Here are some common digital asset situations that create a tax liability.
How to Calculate Your Net Worth & Why It Matters
Net worth is just one part of your financial picture, but it’s a good diagnostic to know. Learn more about how to calculate your net worth and why it matters.
What Is My Tax Bracket for the 2022 Tax Year?
It's never too early to start looking at your tax obligations for the coming tax season. The information in this article is for the 2022 tax year, which most taxpayers will file in 2023.
Signs You Need A Financial Planner
Solid and respectable planners let you know if they can’t help you and refer you to a professional who can. If you have no idea if you’re on track for retirement and don’t know how to find out, a financial planner could help gauge your progress and build a plan that will help you stay on track.

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