While the changes to the current tax laws are for the years 2018 through 2025 only, they will affect how much of your income you’ll keep throughout the next eight years.
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It’s almost that time of year, when many Americans begin looking forward to their tax returns. Now is the perfect time to think about what to do with all that extra cash. Planning will help you make smart choices and set you up for a financially successful and fun 2018.
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With a lower taxable income, you'll pay fewer taxes. The IRS allows for standard deductions that reduce taxable income. These fixed amounts change depending on your filing status.
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As 2018 approaches many people are eagerly awaiting there W2’s so they can file their taxes. But exactly when does the IRS allow you to do so? As of November 27, 2017, we don’t know for sure. One reason is that Congress could still pass legislation in 2017 related to taxes, which may affect the...
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