Optimize the pass-through business tax deduction
Small business owners may want to consult with an advisor or tax expert to review the pass-through business tax deduction introduced by tax reform.
Page 3
A new perspective on tax deductions
Many popular tax deductions were limited or eliminated under tax reform and investors may want to consider strategies to mitigate the impact.
Small-business deduction rules finalized
The Treasury and Internal Revenue service recently finalized the rules for claiming the small business deduction, introduced by the Tax Cuts and Jobs Act.
The 1040 tax filing this year can reveal opportunities for planning
This is the first year of tax filing since tax reform and some taxpayers may find their 1040 filing indicates opportunities for planning.
Form 1040 gets an overhaul under tax reform
Tax reform resulted in broad-based changes to the tax code as well as changes to the Form 1040 and other tax forms.
Will individuals pay more or less taxes for 2018?
Taxpayers will be calculating taxes under the new tax law for the first time for 2018 and learning whether they will owe more or less taxes this year.
Strategies to manage the repeal of the advisory fee deduction
The repeal of miscellaneous deductions, including the advisory fee deduction, may have an impact on some taxpayers’ filings.
Cost-of-living increase among changes to Social Security in 2019
For investors preparing for or in retirement, two key changes to Social Security, including a cost-of-living increase take effect this year.
Key tax figures for 2019
A first step for investors in tax planning for the coming year is to determine their tax bracket and highlights of key tax figures can be helpful guide.