As part of the
new tax law changes passed in late 2017, casualty loss deductions became easier to take form many taxpayers.
«The potential impact of
federal tax law changes represents a source of both upside and downside risk to the household spending and business investment forecasts,» the report found.
Due to
recent tax law changes many endowment plans no longer qualify as life insurance for tax purposes and are generally not being offered by insurers.
The comptroller's annual report said bonuses for 2017 likely got a boost
from tax law changes that will eliminate the corporate deduction for performance - based pay starting in 2018.
Second, for those who have often heard about strict tests connected to the deduction, do keep in mind
tax law changes made in 1997 that went into effect in 1999.
Although they don't have hard data to prove it, practitioners say seniors are increasingly moving downward and loving it, thanks to federal
tax law changes enacted in 1997.
We have developed this website to keep you up - to - date with the
latest tax law changes and tax planning strategies.
Small cap stocks are thought to benefit from the recent
tax law changes giving them more capital to grow and hire new workers.
I think tax - deferred accounts have slightly more risk in that it's politically easier to change tax rates than it is to pass
broad tax law changes.
New tax law changes have made dividend - paying stocks a much more attractive option for stock market investors.
Keep in mind that the reported profit figure will be different because management's earnings projection came before the
recent tax law changes were enacted.
The comptroller's annual report said bonuses for 2017 likely got a boost
from tax law changes that will eliminate the corporate deduction for performance - based pay starting in 2018.
«So far, for the real estate industry, the
proposed tax law changes in 2017 are minor compared to those imposed under the Tax Reform Act of 1986, which had a high impact on real estate operations and investments,» he says.
Even
with tax law changes, your IRA contributions may be fully or partially deductible, depending on your personal financial situation.
Ideally, the depreciation recapture rate should be aligned with the capital gains rate, which was the case before 1997,
when tax law changes lowered the capital gains rate to 20 percent but set the recapture rate at 25 percent.
For more information and detail on the
potential tax law changes under President Trump, please follow this link to a special report [Post-election proposed tax policy changes]
Since Kiplinger's first wrote
about tax law changes concerning state - sponsored college - savings plans in 2001, readers have asked quite a few questions about how to pick the best plan, how to choose between a Coverdell Education Savings Account and a 529 plan and how to enroll.
Now more than ever, not understanding... Read more about Divorce and Taxes: Will the New
Tax Law Changes Cost You More?
Following the
January tax law changes made by Congress under the American Taxpayer Relief Act, the Internal Revenue Service announced today it plans to open the 2013 filing season and begin processing individual income tax returns on January 30th.
The federal government has instituted a number of
significant tax law changes that every small, independent pet retailer should understand.
The grocer plans to invest in education, wages and retirement benefits,
saying tax law changes helped fund these efforts.
Here we take a look at some of the
Trump tax law changes proposed during his campaign, consider the impact of those changes and the likelihood of these proposals actually becoming law in 2017.
As previously reported, Publix also said the December 2017 federal
tax law change also had a positive impact on net income.
And CFO Luca Maestri might have market - moving news about Apple's capital return program
following tax law changes that freed management up to make more aggressive moves with the tech titan's huge cash holding.
When the
US tax laws changed in 2004 lowering the top rate on dividends, I became a dividend stock investor.
Tax laws change occasionally, so before you claim your daughter as your dependent, check with a tax professional to ensure the income limits and other requirements haven't changed.
* Keep in mind that
tax laws change periodically, so it's critical that you consult with a tax professional for the most up - to - date advice and information.
For a number of reasons (
including tax law changes and transaction costs), companies and investors now tend to gravitate more toward capital gains than was previously the case.