On Memorial Day, we’re supposed to honor our fallen soldiers. But some military families aren’t feeling very appreciated this year: Congress still hasn’t fixed the
Read MoreTag: TCJA
A Note About The Tax Cuts & Jobs Act (TCJA) And Posts On This Site
If there’s one thing we’ve learned about tax, it’s that it’s constantly changing. While the basics tend to remain in place, there have been some
Read MoreA Quick Comparison Of Tax Reform Changes
Tax reform means some pretty significant changes for taxpayers in 2018. Want to know what’s new? Here’s what you need to know – with charts!
Read MoreFix The Tax Code Friday: Personal Exemptions
Today’s Fix The Tax Code Friday question: Should Congress set the personal exemption amount to zero permanently?
Read More2018 Reimbursements For 2017 Moving Expenses Can Be Tax-Free
The Internal Revenue Service (IRS) has offered guidance for taxpayers who moved in 2017, but expenses weren’t reimbursed or paid until 2018.
Read MoreIRS Says No To Big Withholding Form Changes Until 2020 Tax Year
The IRS has indicated that it “will incorporate important changes into a new version of the Form W-4, Employee’s Withholding Allowance Certificate, for 2020.”
Read MoreCongress Advances Tax Reform 2.0
This week, House Republicans introduced legislation, referred to as Tax Reform 2.0, that would expand the Tax Cuts and Jobs Act (TCJA).
Read MoreWithholding Problems Continue As Draft Form W-4 Issued
The hallmark of the Tax Cuts and Jobs Act of 2017 (TCJA) was supposed to be its simplicity. By eliminating the personal exemption amounts and
Read MoreIRS Offers Guidance On Credit For Dependents And HOH Status
The Tax Cuts and Jobs Act (TCJA) made a number of changes that affect the tax burden on families. However, those changes did lead to
Read MoreProposed SALT Regulations Would Limit Effectiveness Of State Workarounds
You can’t always get what you want. But if you try sometimes, you find. You get what you need. Those may be words crooned by
Read More