Monthly Archives: January 2019

Tax Cuts and Jobs Act: How Tax Reform Impacts What You’ll Pay for 2018

Tax Cuts and Jobs Act: How Tax Reform Impacts What You'll Pay for 2018

Last December, Republicans in Washington passed the biggest changes to the U.S. Code in decades, and while most of the really significant alterations were made for businesses (hello, corporate tax cuts!), there are plenty that will directly affect what ordinary Americans will pay to Uncle Sam. Based on analyses done at the time, a large fraction of the middle class will find their annual tax bills shrinking a bit, but another significant share is on course to owe a lot more. As we approach the end of 2018, Motley Fool Answers hosts Alison Southwick and Robert Brokamp want to help you get a jump on tax season, so for this episode of the podcast, they’ve brought an expert into the studio: Megan Brinsfield of Motley Fool Wealth Management.

In this segment, they talk about itemizing, the new higher standard deduction, and the raft of deductions and exemptions that Congress reduced or eliminated. They also reflect on the failed attempts by high-tax states to help their residents avoid the pain of losing the ability to deduct state and local taxes, and consider what the expansion of the pass-through deduction will mean for the growing population of self-employed Americans.
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Donald Trump on tax reform

Donald Trump on tax reform

President Donald Trump promised to cut taxes across the board when he was campaigning, but he also said he’d be open to negotiation.

National Taxpayers Union senior fellow Mattie Duppler discusses how the House of Representatives voted to pass the Tax Reform 2.0 bill.
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U.S. Tax Reform—International Tax Provisions: Then and Now

U.S. Tax Reform—International Tax Provisions: Then and Now

KPMG LLP’s Manal Corwin narrates this video about how the international tax system in the United States has changed as a result of tax reform. Starting with what the system looked like before the recent changes, Corwin explains the new international tax rules and how they are layered on the existing rules—creating new complexity and the need to understand how the provisions interact.

Tax Info For 2019

#taxinfo #taxes #taxes2019
Tax Info For 2019
ALL of this information was taken straight from these pages and was not edited for content. This is real tax information for this coming year. And as such cannot be made personal.
I simply put them all together to form this report so all the information will be in one place. And some information was used to show a comparison from last year.

2018 Federal Tax Rates, Personal Exemptions, & Standard Deductions

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Breaking down the tax reform package

The House of Representatives has passed a bill that seeks to lower income tax rates while imposing new duties on fuel and sugar-sweetened drinks, one of President Rodrigo Duterte’s priorirty measures.

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Key provisions of US tax reform for global companies in the USA

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From the provisions around interest expense deduction limitations, excise tax, to controlled foreign corporation, Bernard Moens, PwC’s US Inbound International Tax Services Leader, discusses what the current US tax reform bill means for global companies doing business in the USA with Chris Kong, PwC’s US Inbound Tax Leader.
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To build a robust and productive conversation about tax, it can be helpful to start with some reflection on how taxes have come into our societies in the first place. Visit to join the tax conversation.
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