It’s my annual “Taxes from A to Z” series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can claim home office expenses or whether to deduct a capital loss under the new law, you won’t want to miss a single letter. B is for Bracket Creep. Bracket creep…
With tax season firmly behind us (er, for those of you who didn’t file for extension), now is a good time to take a look at your current financial picture and check to see how it squares against the 2015 tax rates, adjustments and other tax items. If you aren’t expecting any significant changes, you…
It’s Fix the Tax Code Friday! Earlier in the week, we took a peek at the UK’s planned tax increase for its wealthiest taxpayers, something that the US has been struggling with over the last year. Proponents of increasing the tax on the wealthy argue that they have more ability to pay – and that’s…