by lindapowell | Mar 16, 2018 | Articles, did you know, In The News
The legislation popularly known as the Tax Cuts & Jobs Act did not exactly “rewrite the book” of federal tax laws, but it almost seems that way. On January 1, a host of important, new tax provisions entered the Internal Revenue Code, and others were suddenly...
by lindapowell | Jan 17, 2018 | Articles, did you know, In The News
What standbys did tax reforms eliminate? Are the days of itemizing over? Not quite, but now that H.R. 1 (popularly called the Tax Cuts & Jobs Act) is the law, all kinds of itemized federal tax deductions have vanished. Early drafts of H.R. 1 left only two itemized...
by lindapowell | Dec 28, 2017 | Articles, did you know, In The News
Some of the impact of the Tax Cuts & Jobs Act will happen later than Jan. 1 President Donald Trump signed the Tax Cuts & Jobs Act (TCJA) into law on December 22, and on January 1, some key details of the Internal Revenue Code will abruptly change.1 There...