This article is the last in a series of 8 articles that discussed the newly enacted Tax Cuts and Jobs Act passed in December of 2017 and which takes effect in 2018.  Many of the individual tax law changes will expire in 2025 but most of the business tax law changes are permanent.  If you […]

This is the 7th article in a series of 8 which looks at some of the tax law changes that took effect on January 1st , 2018.  Nearly every taxpayer will be effected one way or another by these tax law changes and, whether you believe this is tax reform or tax deform, you should […]

The new Tax Cuts and Jobs Act is the most sweeping tax reform, or deform, depending on your views, in a very long time.  If you haven’t read my articles in the two previous months, you may want to do that. In this article, I’m providing a quick run-down of some additional changes to the […]

This article is a continuation in my series about the 2017 Tax Reform Act.  Today, I am sharing information about changes to the child tax credit, capital gain tax, and the state and local tax deduction limitations and more. The child tax credit is increased from $1,000 to $2,000 for qualifying children under the age […]

The new tax law, passed by the House on December 20th, 2017, is a sweeping tax reform measure that was passed by a vote of 224 to 201.  It’s one of the biggest tax reforms of our generation; this article, Part 2 in my series, will outline some of the changes that could likely affect […]