While the Tax Cuts and Jobs Act (TCJA) reduces most income tax rates and expands some tax breaks, it limits or eliminates several itemized deductions that have been valuable to many individual taxpayers. Here are five 2018 tax deductions you may see shrink or disappear when you file your 2018
Now that 2019 has begun, there isn’t too much you can do to reduce your 2018 income tax liability. But it’s smart to begin preparing for filing your 2018 return. Because the Tax Cuts and Jobs Act (TCJA), which was signed into law at the end of 2017, likely will
We are now half way through 2018 - as such, this is a good time to readdress the tax reform changes under the new Tax Cuts and Jobs Act (TCJA), which became law in December 2017. Most (if not all) of the changes in the TCJA did not affect your
Changes made by the Tax Cuts and Jobs Act (TCJA) are raising many questions among taxpayers and tax professionals due to the complexities and incomplete guidance of the new law. One of the more puzzling is whether interest paid on home equity loans (HELOAN), lines of credit (HELOC), and second
