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Tax Tools, Rates & Decision Hub

Comprehensive decision-support resources: official 2020–2024 Federal Tax Rate schedules, interactive financial calculators, statutory document retention timelines, and downloadable client tax organizers.

IRS Tax Brackets

Federal Tax Rate Schedules (2020 – 2024)

Pre-rendered static federal income tax brackets for immediate analysis and historical reference.

2024 Tax Rate Schedule X — Single Taxpayers
Taxable Income Is Over But Not Over The Tax Due Is
$0 $11,600 10% of the taxable amount
$11,600 $47,150 $1,160.00 plus 12% of the excess over $11,600
$47,150 $100,525 $5,426.00 plus 22% of the excess over $47,150
$100,525 $191,950 $17,168.50 plus 24% of the excess over $100,525
$191,950 $243,725 $39,110.50 plus 32% of the excess over $191,950
$243,725 $609,350 $55,678.50 plus 35% of the excess over $243,725
$609,350 No limit $183,647.25 plus 37% of the excess over $609,350
2024 Tax Rate Schedule Y-1 — Married Filing Jointly or Qualifying Surviving Spouse
Taxable Income Is Over But Not Over The Tax Due Is
$0 $23,200 10% of the taxable amount
$23,200 $94,300 $2,320.00 plus 12% of the excess over $23,200
$94,300 $201,050 $10,852.00 plus 22% of the excess over $94,300
$201,050 $383,900 $34,337.00 plus 24% of the excess over $201,050
$383,900 $487,450 $78,221.00 plus 32% of the excess over $383,900
$487,450 $731,200 $111,357.00 plus 35% of the excess over $487,450
$731,200 No limit $196,669.50 plus 37% of the excess over $731,200
2024 Tax Rate Schedule Z — Head of Household
Taxable Income Is Over But Not Over The Tax Due Is
$0 $16,550 10% of the taxable amount
$16,550 $63,100 $1,655.00 plus 12% of the excess over $16,550
$63,100 $100,500 $7,241.00 plus 22% of the excess over $63,100
$100,500 $191,950 $15,469.00 plus 24% of the excess over $100,500
$191,950 $243,700 $37,417.00 plus 32% of the excess over $191,950
$243,700 $609,350 $53,977.00 plus 35% of the excess over $243,700
$609,350 No limit $181,954.50 plus 37% of the excess over $609,350
2023 Tax Rate Schedule X — Single Taxpayers
Taxable Income Is Over But Not Over The Tax Due Is
$0$11,00010% of the taxable amount
$11,000$44,725$1,100.00 plus 12% of excess over $11,000
$44,725$95,375$5,147.00 plus 22% of excess over $44,725
$95,375$182,100$16,290.00 plus 24% of excess over $95,375
$182,100$231,250$37,104.00 plus 32% of excess over $182,100
$231,250$578,125$52,832.00 plus 35% of excess over $231,250
$578,125No limit$174,238.25 plus 37% of excess over $578,125
2023 Tax Rate Schedule Y-1 — Married Filing Jointly
Taxable Income Is Over But Not Over The Tax Due Is
$0$22,00010% of the taxable amount
$22,000$89,450$2,200.00 plus 12% of excess over $22,000
$89,450$190,750$10,294.00 plus 22% of excess over $89,450
$190,750$364,200$32,580.00 plus 24% of excess over $190,750
$364,200$462,500$74,208.00 plus 32% of excess over $364,200
$462,500$693,750$105,664.00 plus 35% of excess over $462,500
$693,750No limit$186,601.50 plus 37% of excess over $693,750
2022 Tax Rate Schedule X — Single Taxpayers
Taxable Income Is Over But Not Over The Tax Due Is
$0$10,27510% of the taxable amount
$10,275$41,775$1,027.50 plus 12% of excess over $10,275
$41,775$89,075$4,807.50 plus 22% of excess over $41,775
$89,075$170,050$15,213.50 plus 24% of excess over $89,075
$170,050$215,950$34,647.50 plus 32% of excess over $170,050
$215,950$539,900$49,335.50 plus 35% of excess over $215,950
$539,900No limit$162,718.00 plus 37% of excess over $539,900
2021 Tax Rate Schedule X — Single Taxpayers
Taxable Income Is Over But Not Over The Tax Due Is
$0$9,95010% of taxable income
$9,950$40,525$995.00 plus 12% of excess over $9,950
$40,525$86,375$4,664.00 plus 22% of excess over $40,525
$86,375$164,925$14,751.00 plus 24% of excess over $86,375
$164,925$209,425$33,603.00 plus 32% of excess over $164,925
$209,425$523,600$47,843.00 plus 35% of excess over $209,425
$523,600No limit$157,804.25 plus 37% of excess over $523,600
2020 Tax Rate Schedule X — Single Taxpayers
Taxable Income Is Over But Not Over The Tax Due Is
$0$9,87510% of taxable income
$9,875$40,125$987.50 plus 12% of excess over $9,875
$40,125$85,525$4,617.50 plus 22% of excess over $40,125
$85,525$163,300$14,605.50 plus 24% of excess over $85,525
$163,300$207,350$33,271.50 plus 32% of excess over $163,300
$207,350$518,400$47,367.50 plus 35% of excess over $207,350
$518,400No limit$156,235.00 plus 37% of excess over $518,400
Decision-Support Calculators

Interactive Financial & Tax Calculators

Use these dynamic calculators for rapid financial decision making. Part of our full suite of 116 decision tools available to clients.

Loan & Mortgage Amortization

Estimate your monthly principal and interest payments and total loan cost.

Monthly Principal & Interest
$2,212.24
Total Interest: $446,406.87 Total Cost: $796,406.87

Retirement Growth Projection

Project the compounding growth of your 401(k), IRA, or personal investments.

Projected Nest Egg
$1,189,951.05
Compound Growth: $814,951.05

2024 Federal Tax Estimator

Calculate estimated federal income tax and your effective tax rate for 2024.

Estimated Federal Tax (2024)
$17,606.00
Effective Tax Rate: 14.1%
Recordkeeping Compliance

Tax & Document Retention Guidelines

Under the IRS "Three-Year Law", the Six-Year Rule (25%+ underreporting), and indefinite statutory rules, maintain your records in accordance with this guide.

Business Record Retention Schedule

1 Year Routine
  • General vendor correspondence
  • Duplicate bank deposit slips
  • Purchase orders (non-capital)
  • Receiving sheets & waybills
  • Stockroom withdrawal tags
3 Years Operational
  • Terminated employee personnel files
  • Employment applications
  • Expired insurance policies
  • Internal audit review reports
  • Petty cash vouchers & timecards
6 Years Statutory IRS
  • Accounts Payable & Receivable ledgers
  • Bank statements & reconciliations
  • Cancelled standard checks
  • Employment tax returns & 941s
  • Inventory annual count sheets
  • Travel & entertainment vouchers
Permanent Indefinite
  • CPA Audit Reports & Financials
  • General ledgers & trial balances
  • Corporate charters, bylaws, minutes
  • Real estate deeds & mortgages
  • Tax return copies & cancelled tax checks
  • Depreciation & amortization schedules

Personal Document Retention Schedule

1 Year Monthly
  • Monthly/quarterly bank statements (discard once reconciled against annual 1099s)
  • Paystubs (reconcile to W-2)
3 Years Statements
  • Credit card monthly billing statements
  • Utility bills & recurring charges
  • Expired insurance contracts
  • Non-tax medical invoices
6 Years Tax Proof
  • Tax return receipts & charitable proof
  • Medical expense deduction records
  • Wage garnishment notices
  • Sales slips for major personal assets
Permanent Vital
  • Annual filed Form 1040 returns
  • Cancelled tax payment checks
  • Property purchase & capital improvement records
  • Retirement records (5498, 8606, 1099-R) until final distribution
Tax Calendar Hub

Critical IRS Due Dates & Compliance Milestones

Mark these annual tax filing deadlines to avoid failure-to-file and failure-to-pay penalties.

January 31

Deadline for employers to file Form W-2 and Form 1099-NEC with the SSA and distribute to recipients. Fourth-quarter estimated tax payment due for individuals.

March 15

Filing deadline for calendar-year Partnerships (Form 1065) and S-Corporations (Form 1120-S), or to file Form 7004 for an automatic 6-month extension.

April 15

Federal & Delaware individual income tax returns (Form 1040) due. C-Corporations (Form 1120) due. Q1 estimated tax payments due. Extension Form 4868 deadline.

October 15

Final deadline for individuals who filed Form 4868 for an extension to submit their Form 1040 returns. C-Corporation extended filing deadline.

Direct Downloads

Client Tax Organizers & Engagement Documents

Download and complete the appropriate tax organizer prior to your appointment to ensure optimal preparation.

1040 Individual Client Tax Organizer

Comprehensive personal income tax organizer covering income, itemized deductions, dependents, investments, and capital transactions.

Download PDF (13.1 MB)

1065 Organizer (LLC & Partnership)

Entity tax organizer for multi-member LLCs and partnerships, structuring capital accounts, balance sheets, and K-1 distributions.

Download PDF (841 KB)

1120 Organizer (C & S Corporations)

Corporate tax organizer designed for C-Corps and S-Corps, tracking officer compensation, balance sheets, and depreciation schedules.

Download PDF (389 KB)

Consent to Extend Tax Filing Form

Formal client authorization allowing Boyer & Boyer CPA to submit tax extension paperwork with the IRS and Delaware Division of Revenue.

Download PDF (130 KB)

Professional Engagement Letter

Standard professional services engagement contract outlining mutual responsibilities, preparation scope, and terms of representation.

Download PDF (136 KB)

IRS & Refund Status Portals

Direct links to official IRS "Where's My Refund?", electronic payment gateways (EFTPS, Direct Pay), and state refund tracking systems.

IRS "Where's My Refund?" →