Members in the News

Scott Adair (Rochester)

Tax brackets

WROC Rochester News 8

CPA Scott Adair discussed tax brackets as it relates to your filing status Monday on News 8 at Sunrise. Adair said tax brackets determine how much we owe the IRS each year, or how much of a refund we'll receive.  In most cases, how much you pay in taxes is related to how much you make each year.  Someone who makes $100,000 a year will be in a higher tax bracket than someone who makes $30,000.