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What the New Tax Bill Means for You

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Tax reform created some new tax cuts and enhanced others. Depending on your situation, you may get a higher tax refund for the 2018 tax year.. self-employed, your tax bill will be affected by the Tax Cuts and Jobs Act of 2017.. Each exemption was worth $4,050 in 2017, which means that large families.

Instead of pushing back against this trend, the new tax law exacerbates it.. The deduction effectively means that certain pass-through income will face a lower tax rate than wages and.. 2018 dub this the “You, Inc. strategy.

What the New Tax Bill Means for You The enactment of the Tax Cuts and Jobs Act represents "the most sweeping overhaul of the U.S. tax code in more than 30 years." 1 For millions of Americans and businesses it means an altered financial and investment landscape with new opportunities and challenges in the years ahead.

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Knowing how to minimize the amount of taxes you pay means that you get to keep.. Colombik says that a lot of new tax provisions aren't properly utilized by.

What the New Tax Bill Means for You The enactment of the Tax Cuts and Jobs Act represents "the most sweeping overhaul of the U.S. tax code in more than 30 years." 1 For millions of Americans and businesses it means an altered financial and investment landscape with new opportunities and challenges in the years ahead.

What the New Tax Bill Means for You The enactment of the Tax Cuts and Jobs Act represents "the most sweeping overhaul of the U.S. tax code in more than 30 years." 1 For millions of Americans and businesses it means an altered financial and investment landscape with new opportunities and challenges in the years ahead.

The winners and losers in US tax bill - BBC News Tax refunds so far have been smaller than last year's. Some. A refund means you overpaid and got money back.. A Treasury Department spokesperson said the new tax law "cut taxes across the board, particularly for.

The new tax bill keeps the current deductions for student loan interest. Additionally, the tuition waivers that are received by graduate students will remain tax free.

What the new tax law means for you. December 28, 2017 *Updated as of January 2, 2018. On December 22, President Trump signed into law a major overhaul of the American tax code.