What the New Tax Bill Means for You

Tax Reform: Standard vs. Itemized Deductions How the TCJA Tax Law Affects Your Personal Finances.. which means that even if you don't owe tax because your income is too low, you can.

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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.

3 Things to Know in the Housing Market Today! How do you find a good builder of low energy homes? – with Mike Whitfield of Mike Whitfield Construction A home energy rating Score (HERS) is a good threshold for home shoppers looking for an energy efficient home. Think of HERS like miles-per-gallon fuel economy for your car, except that a lower.

You can no longer deduct moving expenses under the new tax bill, unless you are a military service member moving to a new base. Sadly, this is probably the biggest bummer in the new law for those who are contemplating a move for work.

Republicans say it’s a tax cut for the middle class. The biggest winners are the rich. Republicans claim the bill is meant to benefit the middle class, but lower- and middle-class taxpayers will receive moderate tax cuts. The wealthy, by contrast, get a massive windfall, and the corporate tax rate would nearly cut in half.

ALBANY – Democratic lawmakers in the state capital are offering a helping hand to congressional committees seeking president trump’s tax returns. senate dems will vote on Wednesday to approve a bill.

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 House passed a new tax bill on December 20th, causing a lot of uproar and anger for many. But what exactly is in this tax bill, and what does it mean for you? The most controversial aspect of this bill is the large tax cut for corporations. While there are some tax cuts for small businesses, the majority of the cuts will go to large.