Tag: tax reform

Don’t Expect to Find These Deductions When You File This Year

A lot has been made of the all the tax changes this year, thanks to the Tax Cut and Jobs Act. Many of the laws have been altered and some have been completely eliminated. Certain credits have been cut, while

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States Taking the Federal Government to Court Over Tax Changes

The battle over the Tax Cut and Jobs Act (TCJA) continues and now two several states are taking the matter to court. One of the biggest controversies of the TCJA was the reduction of the state and local income tax

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New Tax Reform Could Change How Dependents Affect Your Taxes

For years, taxpayers have enjoyed a certain number of personal exemptions at tax time. If nothing else they could count themselves. If you were married and dependent children then the number of exemptions just kept going up. But now things

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Where Do Most Americans Fall With Proposed Tax Reform?

Tax reform is coming. At least that’s what we’ve been led to believe for the better part of a year now. Ever since Donald Trump won the election last November, most of the nation has been expecting tax reform. Here

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The Fight for Tax Reform Will Be Long and Arduous

Is it starting to feel like the process to simply put up a new stop sign in the Nation’s Capitol would take an act of Congress? These days nothing is simple in Washington and when it comes to tax reform

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American Taxpayers Are All for Real Tax Reform

Taxes, taxes, taxes. One thing is for sure you can’t run and hide from them. While most Americans pay their taxes, some more begrudgingly than others, most taxpayers wish they could pay less. What’s more, most taxpayers would also love

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