- Learn How Tax Reform Provides a Big Benefit to Many Small Business Owners.
- Tax reform provides a huge benefit to most business owners. Learn more.
- Tax Reform Adds New Perks to ABLE Accounts
- Achieving a Better Life Experience (ABLE) accounts provide the means for individuals and families to contribute and save to support individuals who are blind or became severely disabled before turning age 26, in maintaining their health, independence, and quality of life.
- Is Bunching Right for You?
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The Act increased the standard deduction and placed new limitations on itemized deductions. Beginning with 2018 tax returns, the standard deductions will be:
- Living Abroad? Here Is How Tax Reform May Affect You
- If you are an expatriate living abroad, you may be wondering how the provisions of the Tax Cuts and Jobs Act (TCJA) will impact you. This is the most extensive tax change in over 30 years, and although it was touted as tax simplification when it was in the planning stages, nothing was simplified related to U.S. citizens and resident aliens working abroad. The following is an overview of how things will play out for you beginning in 2018.
- Do You Have Accumulated Deferred Foreign Income? Time to Pay Up!
- With the passage of the Act, taxpayers who are shareholders in a controlled foreign corporation (CFC) with deferred income are required to pay U.S. taxes on that income.