State and Local Tax Deduction (SALT) allows taxpayers in high tax states to deduct local tax payments from their federal tax returns. The tax plan that President Trump signed in 2017...
Posted by Income Taxes and Bookkeeping LLC on 01/27/2022
The White House and Treasury released the first details of the Biden administration's 2021 tax reform proposal, a major focus in Washington, DC. Tax code changes are expected in...
Posted by Tiffany Gaskin on 07/16/2021
People that own a car or a truck will not be strangers to property taxes. These are taxes levied by the local government. The government uses the money majorly for projects and other...
Posted by James Financial Services Inc on 08/30/2020
Do you own a house or car? Then you’re probably familiar with property taxes. These taxes are levied by local governments and use the money to pay for projects and services for...
Posted by BEST FINANCIAL GROUP LTD on 06/22/2020
You've done the hard work, filed your taxes, and now expect a refund. It's time to wait. But how many days, weeks or months do you have to wait? It depends. We will explain...
Posted by Abundant Wealth Planning LLC on 06/15/2020
Additional guidance on state or local tax (SALT) cap workarounds are what The Internal Revenue Service (IRS) issued, and there are no real surprises. Following the Tax Cuts and Jobs...
Posted by BEST FINANCIAL GROUP LTD on 07/26/2019
American taxpayers will think about whether they profited by the Trump tax cut. A great many people don't figure they did. Just 17% of Americans think the bill is diminishing...
Posted by BEST FINANCIAL GROUP LTD on 05/01/2019
Most of the House Republicans unveil bills for second round of tax cuts in the coming week, and hope for drawing the sharp boundary line between Democrats and themselves before...
Posted by BEST FINANCIAL GROUP LTD on 10/02/2018
Would you allow tax laws to influence your decision to marry your partner? Many of us may not consider this, but some spouses consider the tax implications.Over the years, much has...
Posted by Flynn Financial Group Inc on 06/05/2021
