Tag: taxes

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 vs 2017 Roth IRA Contribution and Income Limits plus Conversion Rollover Rules

[Updated with 2018 Roth IRA limits] The latest income phase out ranges for the deductibility of Roth IRA contributions are shown in the table below. You may be able to contribute to… 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 »

Trump GOP Tax Plan, Cuts and Changes in 2017, 2018 and Beyond – Latest Updates and Final Bill

[Latest update]  Republican lawmakers in the House and Senate have now passed a combined tax reform bill along party lines for President Trump’s Tax Reform measures under the Tax Cuts and… Read more »

2017 COLA Increase Will Result in a Tax Hike For Over 12 Million American Workers

[2017 COLA update] Its been a few years with relatively minor COLA (cost-of-living-adjustment) increases but even with the marginal 2017 COLA increase of 0.3%, over 12 million Americans will pay higher taxes in 2017… Read more »

2018 vs 2017 Cost of Living Adjustment (COLA), Social Security and Medicare Tax Rates

[2018 COLA Increase] The Social Security Administration (SSA) has announced a relatively large 2% Cost of Living Adjustment (COLA) for 2018. Benefits like Social Security or Supplemental Security income, that are… Read more »