Category: Government Rebates and Payments

$1300 to $2600 Additional Standard Deduction for Seniors Over 65 under GOP/Trump Tax Reform

As part of the GOP tax reform bill to support President Trump’s tax reform agenda there has a near doubling of the standard deductions that can be taken in 2018 and beyond…. Read more »

Obamacare Penalty or ACA Individual Mandate Repealed and Scrapped from 2019 – But Still Applies in 2017 and 2018

While Congressional Republicans were unable to muster the required majorities to pass several versions of House and Senate health care replacement bills, they were able to include a provision to… Read more »

Most Americans Will be Getting a Tax Cut and Larger Take Home Paychecks in 2018

The latest GOP tax reform bill will affect most Americans when it comes to their 2018 taxes (filed in 2019). While everyone has their own unique financial and tax situations the… Read more »

2018 401k and 403b Plan Contribution Limits Could Drop Precipitously Under Trump-Republican Tax Reform

401K and 403b limits have held steady or moderately increased over the last few years with more and more Americans using these tax advantaged employer sponsored vehicles to save for… Read more »

2017 Federal Hiring Freeze That May Lead to 2018 Job Cuts and Federal GS Pay Freeze For Government Workers

[Update March 2017] President Trump has continued his attack on the federal workforce by announcing across the board funding cuts in his latest budget proposal that could lead to between 100,000… Read more »

2017 and 2018 Trump Economic Stimulus, Tax Breaks and Credits for Individuals, Corporations and Investors

With Donald J. Trump now America’s 45th president many are now asking if he can bring around the economic change promised while on the campaign trail. A lot of people… Read more »

ObamaCare (ACA) Repeal and Replacement via American Health Care Act (AHCA) ON HOLD for 2017 and 2018

[Latest Update] The repeal and replacement of Obamacare via the American Health Care Act, the Ryan-Trump administration proposal, is officially on hold following a lack on unity across the Republican party to… Read more »