Tax Cuts and Jobs Act of 2017
Latest
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3 Lost Tax Deductions That Might Surprise You
taxes As you’re doing your 2018 taxes, you'll see that deductions certainly aren't what they used to be.
By Jamie P. Hopkins, Esq., CFP, RICP Published
taxes -
IRS Waives Penalties for Many Taxpayers Surprised by Under-Withholding
taxes The underpayment penalty won’t apply if you paid at least 80% of your 2018 tax bill through withholding or estimated tax payments. Normally, 90% must be paid for the waiver.
By Rocky Mengle Published
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Ex-Workers Get More Time to Repay 401(k) Loans
401(k)s If you leave your job while you have an outstanding 401(k) loan, Uncle Sam now gives you extra time to repay it -- thanks to the new tax law.
By Kimberly Lankford Published
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8 Tax Deductions Eliminated (or Reduced) Under the New Tax Law
Tax Breaks The Tax Cuts and Jobs Act lowered tax rates and nearly doubled the standard deduction, which is expected to reduce taxes for about 65% of taxpayers, according to the Tax Policy Center.
By Sandra Block Published
Tax Breaks -
Is the $1.5 Billion Lottery Winner Better Off Under New Tax Law?
Tax Breaks Comparing the payouts under old tax laws and the Tax Cut and Jobs Act could be an eye-opening exercise for the rest of us.
By Brian Vnak, CFP, CPA Published
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6 Smart Ways Taxpayers Can Save Money on Their Tax Bills
taxes Time is running short to make a few last-minute adjustments. Take a look at a few possibilities that could save you money, if not this year then next.
By Joseph C. Conroy, CFP Published
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Paying Taxes Wisely: A Fresh Look at Tax-Efficient Withdrawal Strategies
Making Your Money Last Sometimes it pays to go against conventional wisdom. Here are two ways to possibly reduce taxes in retirement while extending the life of your nest egg by being smart about which accounts you tap first.
By Roger A. Young, CFP® Published
Making Your Money Last -
3 Reasons to Convert an IRA to a Roth
IRAs You may have heard about this strategy or thought about giving it a try but aren't sure if it's right for you. To find out, here are the basics of how it works and who is best suited to this tax-planning possibility.
By Ray E. LeVitre, CFP® Published
IRAs -
Is a Roth Conversion Right for You?
retirement Based on current tax laws, three different types of people stand to benefit by moving funds out of their traditional IRAs into a Roth. See if the timing and tax benefits make sense for your plan.
By C. Grant Conness Published
retirement