Category: Taxes
For MANY reasons, I am not a fan of the tax reform bill that was passed by Congress at the end of 2017. To summarize my dislike, it dramatically …
The tax deadline is fast approaching, but there are still a few tools left in the tax toolkit that can be used to lower your tax obligation, even at …
Update: tax reform has failed to raise wages, as promised. Tax and economic policy is a key contributor to personal finance. And it’s important for us to know what …
2020 Update: as part of the Further Consolidated Appropriations Act 2020 (H.R. 1865) that was signed in December of 2019, residential energy property tax credits (aka the “Non-Business Energy …
Update: As predicted in the article below, charitable donations took a big hit, post Tax Reform, a 1.7% decline, with $54 billion less in itemized charitable deductions. There’s currently …
Update: a variation of what is detailed below was passed into law. Here are the early results of the Republican tax plan. – and thus far, it has failed …
Update to below: the IRS extended the tax payment deadline due to COVID-19 (coronavirus). With the change, 2019 tax year payments and Q1 estimated tax payments are now due …
