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New tax legislation will come out of the current mess our economy finds itself in. Many ideas for tax reform trial balloons get launched, but how many ever land? One idea that I like, and so does President Trump, is a two-pronged attack on higher business...
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Mid-Tax Season 2018 Tax Law Commentary
The preliminary tax season analysis is in, and almost everyone is getting a tax cut in 2018 vs 2017. There are lots of ups, downs, and sideways in the workings of the new tax law, but in general taxes are lower than before, and that seems like a good thing for our...
The New Tax Law – What Does It Mean To Us?
My intention in 2018 is to become an expert at the new tax law. From what I have learned, most of my clients will pay less tax under the new tax law. Generally, rates are lower. Deductions are higher, when considering that the new standard deductions of $12,000 single...