Under the tax reform bill, the existing child tax credit has been expanded. Here’s what the new child tax credit – with a refundable portion – looks like and who can benefit.
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What Your Itemized Deductions Will Look Like After Tax Reform
With all of the focus on new tax rates after Congress green-lighted tax reform, it’s easy to forget that some of the biggest changes don’t have anything to do with tax rates: They’re about deductions. Here’s how Schedule A will be affected for the 2018 tax year.
Read MoreAsk The Taxgirl: Tax Reform Q&A
Got questions on tax reform? I’m sorting through my Ask The Taxgirl inbox and answering reader questions about the final version of the tax reform – from alimony to contingency fees to medical expenses.
Read MoreHere’s What’s In The Final Version Of Tax Reform
We appear to have a deal on taxes. From changes to the home mortgage interest deduction to what wasn’t included in the charitable donation deduction, here’s what’s in the final tax reform bill.
Read MoreTerms You Need To Know: Your Guide To Tax Reform
You can’t go anywhere these days without hearing about those tax proposals. Tax law can be tricky. If you don’t know your personal exemption from your standard deduction, or your Schedule A from your Schedule C, I’ve got you covered. Here’s what you need to know:
Read MoreComparing The House & Senate Bills To Current Law
The Senate passed their version of tax reform this week. Here’s how their version differs from the House version – and from current law.
Read MoreSenate GOP Passes Tax Reform Bill After Late-Night Vote
Senate Republicans got a win last night when the final version of their tax reform bill passed, 51-49. The vote was largely along party lines: only one Republican, Sen. Bob Corker (R-TN), voted against it, and no Democrat voted in favor.
Read MoreWill Tax Reform Cause Housing Prices To Drop?
Republicans in the Senate have announced that they believe they have enough votes to move their latest version of the tax reform bill forward. The National Association of Realtors (NAR) is warning that the bill will cause housing prices to drop.
Read MoreSenate GOP Wants To Eliminate Obamacare Mandate Under Tax Reform
As Senate leaders search for ways to make the numbers work, Republicans believe they might have a solution. Although there was no mention of Obamacare repeal in either of the House or Senate original plans, Republicans plan to include language to repeal the Affordable Care Act’s individual mandate.
Read MoreComparing The Senate And House Tax Reform Proposals
Senate Republican leaders have now released their version of tax reform. Here’s how it compares to the House Tax Cuts and Jobs Act.
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