The Tax Cuts and Jobs Act (TCJA) of 2017, passed at year end, has been called the most extensive tax legislation in more than 30 years. It’s certainly far reaching, covering individual income taxes, business income taxes, and estate taxes. The new law has many tax saving opportunities as well as possible pitfalls.
What’s Inside
- Patience is prudent
- Know your true tax rate
- Rethinking retirement contributions
- Regard Roth conversions carefully
- Are state and local taxes reasons for relocaion
- Positive prognosis for medical deductions
- Home equity hassle
- New tax deduction for pass-through entities
- Tax Calendar