"A tax loophole is something that benefits the other guy. If it benefits you, it is tax reform."
– Russell B. Long, U.S. Senator
Q: What is the IRS maximum 401(k) contribution? – C. Neil
A: In 2014 the maximum was $17,500. For the year 2015 the IRS has changed the limit to $18,000.
Do you have a question about taxes? Please ask us!
"A tax loophole is something that benefits the other guy. If it benefits you, it is tax reform."
– Russell B. Long, U.S. Senator