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...
by lindapowell | Dec 22, 2017 | Articles, In The News
What will the near-term impact be? On December 20, Congress passed the Tax Cuts & Jobs Act, sending the final version of the GOP tax reform bill to President Trump’s desk. The legislation alters the Internal Revenue Code to a degree unseen since the 1980s,...
by lindapowell | Nov 7, 2017 | Articles, In The News
What is in it? What could its changes mean for you, if they become law? Major changes may be ahead for federal tax law. At the start of November, House Republicans rolled out their plan for sweeping tax reforms. Negotiations may greatly alter the content of the bill,...
