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Learn MoreWith the help of feedback from advisors like you, we’re working to continually improve our platform so that emX only gets better. Our most recent update is below, but be sure to check out our previous set of updates to stay in touch with all our enhancements.
In order to improve efficiency and accuracy, we’ve updated all our State Income Tax information in emX for the year 2014. Notable changes per state include:
Connecticut: Removed the top 6.75% bracket.
Michigan: Supporting the new retirement income exemption/standard deduction rules.
North Carolina: Changed to a 5.8% flat tax rate.
Ohio: Changed to all new tax table rates.
Wisconsin: Changed all marginal rates and removed one tax bracket.
In addition to these updates, emX now supports additional standard deductions and personal exemptions allowed by some states at age 65.
