Tax City

Tax City is a reputable institution located at 7718 Belair Road in Nottingham, Maryland, United States. Specializing in accounting and finance services, Tax City has been serving the community for the past decade. Our team consists of experienced Tax Professionals and dedicated support staff who offer a wide range of personal and professional financial services.

At Tax City Nationwide, our team of tax professionals is committed to providing high-quality tax services to individuals and businesses. We keep abreast of the latest tax laws and regulations to ensure that our clients receive accurate and reliable tax advice. With a deep understanding of the tax code and regulations, our team stays up-to-date with the latest changes to provide the best possible service to our clients.

The U.S. federal tax rates will remain unchanged until 2025, as a result of the Tax Cuts and Jobs Act of 2017. However, the income thresholds for tax brackets are adjusted annually to reflect inflation rates. These adjustments aim to prevent "bracket creep" and can potentially lower taxes for individuals whose income has not kept up with inflation.

Federal income tax returns for 2023 are due by April 15, 2024, or October 15, 2024 with a tax extension. The income thresholds for the 2023 tax brackets have been adjusted upwards by approximately 7% from the previous year due to high inflation rates. This adjustment may result in some individuals being placed in a lower tax bracket.

Tax City Nationwide has been providing exceptional tax services for over a decade, starting as a small family-owned business and growing to become a trusted tax service provider in the area. Visit Tax City today for all your accounting and financial needs.