2001: A Tax Preview


. As for payroll taxes, employees will need to pay Social Security taxes in 2001 on earnings of up to $80,400, compared with $76,200 in 2000.

. If you're an American working in Canada or elsewhere abroad, for 2000 you will be exempt from paying taxes on foreign earnings of $76,000 or less for the year.

Obviously, this is quite a hodgepodge of tax news, so I'll be sure to streamline any further, relevant updates for another article a month or two from now.

The copyright of the article 2001: A Tax Preview in Retirement Planning is owned by Ann Needle. Permission to republish 2001: A Tax Preview in print or online must be granted by the author in writing.

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