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2016 Tax Filing and 2017 Tax Planning Information

February 21, 2017

It's that time of year again as 2016 tax returns need to be filed by April 18th. IIS Financial Services' 2016 and 2017 annual tax planning guides are located below. These free, two-page guides will provide you with quick access to the most referenced tax rate schedules, tax tables, standard deductions, personal exemptions, and retirement plan contribution limits for both 2016 and 2017.

2016 Tax Reference Guide and Financial Data Chart: These numbers and rates are what you can use to file your 2016 tax return before April 18, 2017.

2017 Tax Reference Guide and Financial Data Chart: You can use these numbers and rates to help you prepare for the 2017 tax year, in other words, effective January 1, 2017.

The U.S. Internal Revenue Service has made annual inflation adjustments to many tax provisions, including rate schedules, that affect income earned in 2017 and tax returns to be filed in 2018 (found on the 2017 Tax Reference Guide and Financial Data Chart above). 

How Can We Help as your Financial Advisor?

There's a close relationship between financial planning and taxes. That's why it's good for our client's to ask questions. The better informed your accountant is about your situation, the more effective we can be in planning and managing your investment and financial affairs. Of course, as always, we advise clients to seek professional tax assistance in making important tax decisions.

8 Questions to Ask Your Accountant this Tax Season

Don't forget the deadline to make a 2016 IRA contribution is April 18, 2017. Please email for more information.

Kind Regards,


David Hanson & Carl Hanson, CFP®