by lindapowell | Apr 12, 2018 | Articles, In The News
Even with less itemizing, there are documents you want to retain Fewer taxpayers are itemizing in the wake of federal tax reforms. You may be one of them, and you may be wondering how many receipts, forms, and records you need to hold onto for the future. Is it okay...
by lindapowell | Mar 16, 2018 | Articles, did you know, In The News
The legislation popularly known as the Tax Cuts & Jobs Act did not exactly “rewrite the book” of federal tax laws, but it almost seems that way. On January 1, a host of important, new tax provisions entered the Internal Revenue Code, and others were suddenly...
by lindapowell | Feb 13, 2018 | Articles, In The News
After 20 months of relative calm, take this volatility in stride Are you upset by what is happening on Wall Street? It may help to see this pullback within a big-picture context. Corrections have become so rare as of late that when one occurs, emotion threatens to...
by lindapowell | Jan 17, 2018 | Articles, did you know, In The News
What standbys did tax reforms eliminate? Are the days of itemizing over? Not quite, but now that H.R. 1 (popularly called the Tax Cuts & Jobs Act) is the law, all kinds of itemized federal tax deductions have vanished. Early drafts of H.R. 1 left only two itemized...
by lindapowell | Jan 2, 2018 | Articles, In The News
But when will the cryptocurrency bubble burst? Investors are excited about bitcoin – perhaps too excited. Their fervor is easy to understand. On December 18, bitcoin closed at $17,566. Back on September 22, bitcoin was valued at only $3,603.1 Yes, you read that...
by lindapowell | Dec 28, 2017 | Articles, did you know, In The News
Some of the impact of the Tax Cuts & Jobs Act will happen later than Jan. 1 President Donald Trump signed the Tax Cuts & Jobs Act (TCJA) into law on December 22, and on January 1, some key details of the Internal Revenue Code will abruptly change.1 There...
