Podcasts about new tax bill

Key changes in tax law related to the newly passed One Big Beautiful Bill significantly impact the financial independence (FI) community. Notably, the extension of tax rates and the higher standard deduction provide more planning certainty for early retirees, allowing greater financial management under these new regulations. Brad & Sean Mullaney discuss the critical tax provisions like enhanced charitable contribution deductions for non-itemizers, updates to state and local tax deductions, and the introduction of a senior deduction for retirees. They also explore strategies for maximizing premium tax credits starting in 2026.   Disclaimer Sean's discussions on the ChooseFI podcast and articles and messages published on ChooseFI.com are intended for general educational purposes and are not tax, legal, or investment advice for any individual. The ChooseFI podcast and its owners, employees, and agents do not endorse Sean Mullaney, Mullaney Financial & Tax, Inc., or their services.   Key Topics Discussed: Introduction to the New Tax Bill 00:00:00 Overview of the One Big Beautiful Bill and its significance for the FI community. Impacts of Extended Tax Rates 00:02:20 Explanation of the permanence of the tax rates and the increased standard deduction. Changes to Charitable Contributions 00:13:12 Details on new deductions for non-itemizers and adjustments to itemized deductions. State and Local Tax Deduction Update 00:23:26 Increase of deductible cap from $10,000 to $40,000, impacting itemization strategies. Exploration of the Senior Deduction 00:30:05 Introduction of a $6,000 deduction aimed at seniors aged 65 and older. Understanding Premium Tax Credits 00:39:10 Strategic planning opportunities utilizing bronze ACA plans and HSAs to maximize tax benefits. Actionable Takeaways: Maximize Your Standard Deduction: Consider traditional contributions to optimize your tax situation. 00:10:15 Utilize Bronze ACA Plans: Start in 2026 to lower premiums and leverage HSA contributions for enhanced tax benefits. 00:42:07 Key Quotes: "The new standard deduction is a game-changer for those pursuing financial independence." 00:08:46 "These are crucial planning implications that can optimize your tax situation." 00:17:36 "Shift your income from high tax brackets to the 0% tax bracket for maximum savings." 00:12:19 Timestamps: 00:00:14 - Importance of premium tax credits for the FI community. 00:03:05 - Risk of the standard deduction decreasing without the new law. 00:10:15 - Optimizing tax situation with traditional contributions. 00:14:00 - Details on the charitable contributions deduction. 00:25:19 - Update on the state and local tax deduction cap. Related Resources: YouTube Video on Premium Tax Credits: Watch Here [Timestamp: 00:45:00] Cody Garrett and Sean Mullaney's Book Notification: Sign Up Here [Timestamp: 00:59:35] Discussion Questions: How does the new tax bill affect your approach to retirement planning? 00:00:10 What strategies can be adopted to make the most of the new standard deduction? 00:10:15 Summary: This episode dives into the legislative changes that may significantly influence financial planning for those aiming for early retirement. By understanding the implications of the One Big Beautiful Bill, listeners can better navigate their financial futures.

In this episode you will hear:   Mark discusses three aspects of the new tax bill and how it will impact students and colleges and universities-Part 1 of 2;  Chris Teare is interviewed on a range of topics related to college admissions.   Preview of part 3 of 4 v Chris talks about how he counsels students when it comes to deciding whether to applying Early Decision v Chris answers the question, how do you advise a family when they ask if you can trust a college's finances v Chris talks about the International nature of the school he worked on when he left Drew v Chris talks about the lessons he learned from doing admissions at Drew that he now applies to helping and counseling students v Chris gives a great tip for students working on their personal statements v Chris talks about some essays that he read too many times while at Drew v Chris gives advice how parents can find the right balance between supporting their student but not crippling their independence     Speakpipe.com/YCBK is our method if you want to ask a question and we will be prioritizing all questions sent in via Speakpipe. Unfortunately, we will NOT answer questions on the podcast anymore that are emailed in. If you want us to answer a question on the podcast, please use speakpipe.com/YCBK. We feel hearing from our listeners in their own voices adds to the community feel of our podcast.   You can also use this for many other purposes: 1) Send us constructive criticism about how we can improve our podcast 2) Share an encouraging word about something you like about an episode or the podcast in general 3) Share a topic or an article you would like us to address 4) Share a speaker you want us to interview 5) Leave positive feedback for one of our interviewees. We will send your verbal feedback directly to them and I can almost assure you, your positive feedback will make their day.   To sign up to receive Your College-Bound Kid PLUS, our new monthly admissions newsletter, delivered directly to your email once a month, just go to yourcollegeboundkid.com, and you will see the sign-up popup. We will include many of the hot topics being discussed on college campuses.   Check out our new blog. We write timely and insightful articles on college admissions:   On X for our podcast:   https://twitter.com/YCBKpodcast   1. To access our transcripts, click: https://yourcollegeboundkid.com/category/transcripts/ 2. Find the specific episode transcripts for the one you want to search and click the link 3. Find the magnifying glass icon in blue (search feature) and click it 4. Enter whatever word you want to search. I.e. Loans 5. Every word in that episode when the words loans are used, will be highlighted in yellow with a timestamps 6. Click the word highlighted in yellow and the player will play the episode from that starting point 7. You can also download the entire podcast as a transcript   We would be honored if you will pass this podcast episode on to others who you feel will benefit from the content in YCBK.   Please subscribe to our podcast. It really helps us move up in Apple's search feature so others can find our podcast.   If you enjoy our podcast, would you please do us a favor and share our podcast both verbally and on social media? We would be most grateful!   If you want to help more people find Your College-Bound Kid, please make sure you follow our podcast. You will also get instant notifications as soon as each episode goes live.   Check out the college admissions books Mark recommends:   Check out the college websites Mark recommends:   If you want to have some input about what you like and what you recommend, we change about our podcast, please complete our Podcast survey; here is the link:     If you want a college consultation with Mark or Lisa or Lynda, just text Mark at 404-664-4340 or email Lisa at or Lynda at Lynda@schoolmatch4u.com. All we ask is that you review their services and pricing on their website before the complimentary session; here is link to their services with transparent pricing: https://schoolmatch4u.com/services/compare-packages/  

Why is AI failing at basic accounting tasks while claiming to outsmart PhD students? Blake and David dive into the stark reality of AI implementation in accounting, from Ramp's promising new expense management agents to QuickBooks' baffling suggestion to credit and debit the same account. You'll discover the critical security vulnerabilities in AI systems and learn why clients are increasingly using AI to fact-check their accountants' advice. Plus, get a comprehensive breakdown of the top 10 tax planning opportunities in the One Big, Beautiful Bill Act—from permanent 100% bonus depreciation to Trump accounts for children. The hosts also explore which companies will be AI's biggest losers and why the future of accounting lies in financial management, not advisory services.SponsorsOnPay - http://accountingpodcast.promo/onpayCloud Accountant Staffing - http://accountingpodcast.promo/casChapters(00:30) - The Big Beautiful Bill: Tax Provisions Overview (01:53) - AI in Accounting: RAMP's New AI Agents (02:56) - QuickBooks AI Agents: Frustrations and Feedback (06:05) - RAMP's AI Agents: Features and Benefits (14:38) - AI's Impact on Employment: Winners and Losers (20:54) - Grok 4: The Future of AI in Accounting (36:53) - Juno and Tax Prep Automation (37:52) - The Rise of AI in Cyber Attacks (38:26) - Social Engineering and AI (39:18) - Hidden AI Prompts in Academic Papers (41:25) - AI Security Risks and Internal Controls (45:45) - The Accountant's Labor Shortage (46:59) - Tax Planning Opportunities in the New Bill (56:29) - The Impact of the New Tax Bill (01:00:45) - Final Thoughts and Wrap-Up  Show NotesRamp agents: Let finance teams do finance https://ramp.com/blog/ramp-agents-announcementMicrosoft shares $500M in AI savings internally days after cutting 9,000 jobshttps://techcrunch.com/2025/07/09/microsoft-shares-500m-in-ai-savings-internally-days-after-cutting-9000-jobs/Indeed, Glassdoor to lay off 1300 staff amid AI pushhttps://techcrunch.com/2025/07/11/indeed-glassdoor-to-lay-off-1300-staff/Workday Stock Takes A Hit After Piper Sandler Survey Flags AI-Driven Headwinds, But Retail's Optimistic https://stocktwits.com/news-articles/markets/equity/workday-stock-takes-a-hit-after-piper-sandler-survey-flags-ai-driven-headwinds/ch8GfqaR5kYElon Musk's xAI launches Grok 4 alongside a $300 monthly subscription https://techcrunch.com/2025/07/09/elon-musks-xai-launches-grok-4-alongside-a-300-monthly-subscription/Hidden AI prompts in academic papers spark concern about research integrity https://www.japantimes.co.jp/news/2025/07/04/japan/ai-research-prompt-injection/Tax provisions in the One Big Beautiful Bill Act https://www.journalofaccountancy.com/news/2025/jun/tax-changes-in-senate-budget-reconciliation-bill/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring The Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsREFRAME 2025 - http://accountingpodcast.promo/reframe2025Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Episode 625: Neal and Toby dive into why professional gamblers are outraged over Trump's tax bill threatening their livelihood. Plus, an announcement of new tariffs on the EU and Mexico has the markets unsure if Trump is following through or not. Then, the reboot of ‘Superman' is another notch in a movie hot-streak for Warner Bros. Meanwhile, Bad Bunny is singlehandedly boosting Puerto Rico's economy. Also, while automakers try to install the latest and greatest tech in cars, cupholders have been the key decision factor for carbuyers. Finally, a preview of the week ahead.  Meet your local home loan expert at ⁠⁠https://mortgagematchup.com/?utm_source=morning_brew&utm_medium=podcast  Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠  Watch Morning Brew Daily Here:⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠ 00:00 - Bastille Day 03:10 - Taxes on Gambling 8:10 - Tariff Latest 11:30 - Bad Bunny in Puerto Rico 17:00 - Superman Soars 20:40 - People Love Cupholders 24:30 - Week Ahead

Want the truth about the new tax bill (One Big Beautiful Bill Act) signed by President Donald Trump? Check out this episode as Dakota Grady breaks down the new bill that can help you save on taxes in your business and in life. Drop "TAXES" in the chat to get your tax strategy guide.

To get a comprehensive tax and legal plan get to my law firm KKOS Lawyers: https://kkoslawyers.comIn this special episode, Mat Sorensen breaks down President Trump's newly signed tax legislation, known as the “Big Beautiful Bill," and what it means for your personal and business taxes. With sweeping changes taking effect in 2025, Mat outlines the most impactful provisions for individuals, small business owners, and real estate investors. 0:00 - Introduction to The Big Beautiful Bill5:14 - Individual Tax Breaks Explained9:19 - State and Local Tax Deductions15:34 - Senior, Tips, and Overtime Benefits18:42 - Small Business Owner Benefits19:39 - Next Steps and Bill Timeline Grab my FREE Ultimate Tax Strategy Guide HERE! Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification. You don't want to miss this! Secure your tickets for the most significant business, tax & legal event of the year: Main Street 360 Looking to connect with a rock star law firm? KKOS is only a click away! Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler Craving more content? Check out my Instagram!

Discover how the Senate's new tax package may reshape US tax policy—Deloitte specialists break down the latest changes and what's next for taxpayers.

Most people nearing retirement aren't thinking about tax legislation; they're focused on their savings, Social Security timing, or making sure their lifestyle doesn't outlive their money. But what if a single bill quietly reshapes the rules you've been planning around? In this episode, I break down a new piece of legislation that's generating significant political buzz but concealing some far-reaching implications for retirees and pre-retirees alike. If you've heard soundbites about “the biggest tax cut in history,” you might assume you're in for a windfall. The truth? It's a lot more nuanced and more temporary than headlines let on. I walk you through what's actually in the bill, what got stripped out (spoiler: Social Security tax relief didn't make the cut), and how all this might hit people aged 55 to 70. Then, in classic Retirement Made Easy fashion, I pivot to listener questions on how to tap your accounts in the smartest order, why RMD math isn't as harsh as people think, and whether borrowing against your house in a downturn is ever a good idea. I close with a sobering but motivating list of what can go wrong in retirement planning and how to think more clearly and conservatively about your future. You will want to hear this episode if you are interested in... (00:00) Intro (04:19) Key changes in the bill that might affect retirees (13:08) Listener Q1: Which retirement accounts to tap first? (19:58) Listener Q2: Clearing up RMD confusion (23:03) Listener Q3: Is using home equity a good backup plan? (27:06) Listener Q4: What could blow up your retirement plan? Resources & People Mentioned 3 Steps to Retirement Planning https://www.retirestrongfa.com “The One, Big, Beautiful Bill…” https://www.whitehouse.gov/articles/2025/05/one-big-beautiful-bill-is-a-once-in-a-generation-chance/ IRS RMD table https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-required-minimum-distributions-rmds Connect With Gregg Gonzalez Email at: Gregg.gonzalez@lpl.com Podcast: https://RetirementMadeEasyPodcast.com Website: https://StLouisFinancialAdvisor.com Follow Gregg on LinkedIn Follow Gregg on Facebook Follow Gregg on YouTube Subscribe to Retirement Made Easy On Apple Podcasts, Spotify, Google Podcasts

In this episode, I'm joined by Nate Sosa, CPA, MST from Hall CPA, and we dive deep into:- The status of the new tax bill and what it means for you- Key changes, including bonus depreciation and Qualified Business Income (QBI) deductions- The implications of the SALT cap increase and how it affects high-income earners- Insights on Qualified Opportunity Zones and their effectiveness- And much more---------✅ Financial planning for 30-50 year old entrepreneurs: ⁠⁠⁠⁠⁠https://www.allstreetwealth.com⁠⁠⁠⁠⁠⁠⁠✅ My personal blog & newsletter: ⁠⁠⁠⁠⁠https://www.thomaskopelman.com⁠⁠⁠⁠⁠⁠⁠Disclaimer: None of this should be seen as financial advice. It is just for informational purposes.

Trump's new tax bill aims to extend tax deductions that are set to expire, ensuring continued economic growth and stability for real estate investors. But how can these changes benefit your investment strategy? In this episode, Dave breaks down President Trump's signature tax legislation (the "One Big Beautiful Bill Act" or OBBBA) making its way through Congress, including what's in it, what's missing, and the implications for real estate investors. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE  Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Jump to topic: (00:00) Why This Tax Bill Matters Now (01:06) What's Actually Inside the “One Big Beautiful Bill Act” (OBBBA) (03:02) Real Estate Relevance: Bonus Depreciation Origins and Extension Details (04:30) Bonus Depreciation Returns: Timeline and Impact for Investors (05:50) Breakdown of Spending Cuts Meant to Offset Tax Reductions (07:15) What Didn't Make It In: Real Estate and Housing Provisions Left Out (08:25) The Debate: Arguments For and Against the Tax Bill (14:44) Real Estate Investor Takeaways: What This Bill Means for You (20:04) Broader Economic Outlook & Final Thoughts (21:48) Final Thoughts: What Happens Next, and When to Expect Updates Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/on-the-market-329 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠advertise@biggerpockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

A potential tax overhaul is on the horizon so we're breaking down what it could mean for your finances. From deductions to credits and everything in between, we explain what's likely, what's noise, and how you can get ahead of it all. Plus, we tackle smart strategies for managing mortgage prepayments, 401(k) match tradeoffs, and more. ⁠⁠⁠⁠Jump start your journey with our FREE financial resources⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Reach your goals faster with our products⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Take the relationship to the next level: become a client⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Subscribe on YouTube for early access and go beyond the podcast⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Connect with us on social media for more content⁠⁠⁠⁠⁠⁠⁠ Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life. Learn more about your ad choices. Visit megaphone.fm/adchoices

Our Global Head of Fixed Income Research and Public Policy Strategy Michael Zezas reads the fine print of U.S. tax legislation to understand how it might affect foreign companies operating in the U.S. and foreign investors holding U.S. debt.Read more insights from Morgan Stanley.----- Transcript -----Welcome to Thoughts on the Market. I'm Michael Zezas, Global Head of Fixed Income Research and Public Policy Strategy. Today we're talking about a proposal tucked away in U.S. tax legislation that could impact investors in meaningful ways: Section 899.It's Wednesday, June 11th, at 12 pm in New York. So, Section 899 is basically a new rule that's part of a bigger bill that passed the House. It would give the U.S. Treasury the power to hit back with taxes on foreign companies if they think other countries are unfairly taxing U.S. businesses. And this rule could override existing tax agreements between countries, even applying to government funds and pension plans.The immediate concern is whether foreign holdings of U.S. bonds would be taxed – something that's not entirely clear in the draft language. Making the costs of ownership higher would affect holders of tens of trillions of U.S. securities. That includes about 25 percent of the U.S. corporate bond market. In short, the concern is that this would disincentivize ownership of U.S. bonds by overseas investors, creating extra costs or risk premium – meaning higher yields. The good news is that there's a decent chance the Senate will tweak or clarify Section 899. Consider the evidence that the motive of those who drafted this provision doesn't seem to have been to tax fixed income securities. If it was, you'd expect the official estimates of how much tax revenue this provision would generate to be far higher than what was scored by Congress. Public comments by Senators seem to mirror this, signaling changes are coming. But while that might mitigate one acute risk associated with 899, other risks could linger. If the provision were enacted, it acts as an extra cost on foreign multinationals investing in building businesses in the U.S. That means weaker demand for U.S. dollars overall. So while this is not at the core of our FX strategy team's thesis on why the dollar weakens further this year, it does reinforce the view. For European equities, our equity strategy team flags that Section 899 adds a whole new layer of worry on top of the tariff concerns everyone's been talking about. While people have been focused on European goods exports to the U.S., Section 899 could affect a much broader range of European companies doing business in America. The most vulnerable sectors include Business Services, Healthcare, Travel & Leisure, Media, and Software – basically, any European company with significant U.S. business.The bottom line, even if modified, if section 899 stays in the bill and is enacted, there's key ramifications for the U.S. dollar and European stocks. But pay careful attention in the coming days. The provision could be jettisoned from the Senate bill. It's still possible that it's too big of a law change to comply with the Senate's budget reconciliation procedure, and so would get thrown out for reasons of process, rather than politics. We'll be tracking it and keep you in the loop.Thanks for listening. If you enjoy Thoughts on the Market please leave us a review. And tell your friends. We want everyone to listen.

In this episode, Scott Becker breaks down 16 major elements of the newly passed tax bill, including changes to deductions, child tax credits, estate tax exemptions, and more.

In this episode, Scott Becker breaks down 16 major elements of the newly passed tax bill, including changes to deductions, child tax credits, estate tax exemptions, and more.

Big tax changes could be coming soon! On February 25, the House passed a budget resolution setting a $4.5 trillion cap for a new tax bill that could replace the Tax Cuts and Jobs Act (TCJA) before it expires at the end of 2025. But what will the new law look like, and how will it impact your financial plan? In this episode, Tyler Emrick, CFA®, CFP®, breaks down the key debates in Congress, what changes might be coming, and how you can prepare now to optimize your tax strategy. Here's some of what we discuss in this episode:

Mark and Steve talk about how Trump's New Tax Bill will be beneficial for Businesses and Americans. Steve explains how the previous administration's economy is putting up a challenge for Trump's Tax Cuts 2.0.

How will Trump's Mineral Deal work out for Ukraine and the USA? The Left-Wing News Channels are confused about which networks are allowed to ask Trump Questions, moving forward during Press Conferences. Actor Gene Hackman has passed away.  Mark Interviews Economist Steve Moore. Mark and Steve talk about how Trump's New Tax Bill will be beneficial for Businesses and Americans. Steve explains how the previous administration's economy is putting up a challenge for Trump's Tax Cuts 2.0.  Mayor Eric Adams didn't show up to the Mayoral debate last night in NYC. Former Governor Andrew Cuomo's Mayoral campaign is supposed to kick off this Sunday. NYC has a cop shortage. Police Commissioner Jessica S. Tisch was speaking about updates with the NYPD at a conference yesterday. Mark Interviews Columnist Miranda Devine. Miranda explains to Mark the reasons that we haven't heard from former President Biden in a while. In addition, Mark and Miranda talk about Biden's cognitive decline moments during his presidency.

The Left-Wing News Channels are confused about which networks are allowed to ask Trump Questions, moving forward during Press Conferences. Actor Gene Hackman has passed away. Mark Takes Your Calls! Mark Interviews Economist Steve Moore. Mark and Steve talk about how Trump's New Tax Bill will be beneficial for Businesses and Americans. Steve explains how the previous administration's economy is putting up a challenge for Trump's Tax Cuts 2.0.

Vikatan Imperfect Show is a unique political satire program that tackles local, national, and international current affairs in an engaging and witty manner. Through sharp humour and insightful commentary, the show presents a satirical take on the latest news and political events, making complex issues more accessible and entertaining for the audience. With its clever blend of humour and thought-provoking analysis, the show has gained a massive following on YouTube, attracting viewers who appreciate its distinctive approach to current affairs. Whether it's breaking news, political controversies, or global happenings, Vikatan Imperfect Show brings a fresh perspective, using satire as a tool to provoke thought and encourage meaningful discussions. Its ability to simplify and entertain has made it a go-to show for many who seek both entertainment and a deeper understanding of the world around them.

Start 2025 off right by saving money on your taxes! In this episode, we're sharing five simple yet powerful tax strategies that can help you avoid overpaying and keep more of your hard-earned money. Whether you've never done tax planning or just want to improve your approach, this episode is packed with tips for small business owners. We'll cover how to choose the best structure for your business, the smart way to pay your kids, retirement planning options you can't afford to miss, and making sure every deduction counts. Plus, we'll touch on advanced strategies like using investments to reduce your tax bill even further. This is the perfect episode to kickstart your tax savings for the new year. Don't wait until it's too late—get proactive about your taxes now. Tune in and take control of your 2025 tax strategy!   Next Steps:

Today's blockchain and cryptocurrency news  Bitcoin is down half a percent at $95,160 Eth is down half a percent at $3,607 Solana, down half a percent at $235 Russia's upper house approves new tax bill for crypto Learn more about your ad choices. Visit megaphone.fm/adchoices

The Taxation (Annual Rates for 2024-25, Emergency Response, and Remedial Measures) Bill is released Insights from 10 years of Inland Revenue's transfer pricing questionnaires Inland Revenue starts knocking on doors about overdue tax debt

The IRS continues to crack down on incorrect ERTC claims and recently released an update shining a light on 7 warning signs of incorrect claims. On this special bonus episode of The Bottom Line Pharmacy Podcast, Scotty Sykes, CPA, CFP and Bonnie Bond, CPA bring you tax updates that matter for your pharmacy including updates on ERTC, a new tax bill that may affect compounding pharmacies, changes in 1099s, and more! Want to read and follow along with this episode? Click here for the transcript.Check out all of our social media and stay connected with us:  Sykes & Company P.A.:  Facebook Twitter (X) LinkedIn Instagram  CPA's: Scotty Sykes – CPA, CFP LinkedIn Scotty Sykes – CPA, CFP Twitter Bonnie Bond – CPA LinkedIn Bonnie Bond – CPA Twitter  More resources about this topic:  ERTC Due diligence: https://www.sykes-cpa.com/ertc-due-diligence-the-bottom-line-pharmacy-podcast/ ERTC for Startups: https://www.sykes-cpa.com/employee-retention-tax-credit-for-startup-pharmacies/ IRS 7 ERTC Warning Signs: https://www.irs.gov/newsroom/irs-shares-7-warning-signs-employee-retention-credit-claims-may-be-incorrect-urges-businesses-to-revisit-eligibility-resolve-issues-now-before-march-22#:~:text=Here%20are%20some%20of%20the,sign%20of%20an%20incorrect%20claim. R&D Tax Information for Compounding Pharmacies: https://www.sykes-cpa.com/rd-tax-credit-opportunities-for-pharmacy-compounding-services/ 

February 8, 2024 - New Tax Bill

The purposed tax bill would increase the child tax credit and restore critical research and development deductions. Dive into the latest Tax Insights Podcast as Jeff unravels the complexities of a new tax bill that could impact your 2023 and 2024 taxes.

Swing district GOP candidate Mike Lawler exposes Democrats' real plan for their new tax bill.

A new tax bill causes a massive storm but what happens next? Also brief run-through of what other tax measures are in the Taxation (Annual Rates for 2022-23, Platform Economy and Remedial Matters) Bill. (TL:DR - a lot!)

Get CME Here: https://earnc.me/2wmNJ0  It's always important to be prepared for potential changes that could affect your tax liability. With President Biden recently signing the Inflation Reduction Act into law, many people are left wondering what this actually means for their future tax liability. Will there be more audits with the increased budget for the IRS? What does this mean for SALT-caps? In this episode, Evgeni Ivanov, Senior Manager for Wipfli LLP, joins the show to share everything we need to know about the new tax bill and how these changes will impact you. Learn more: https://apmsuccess.com/160       Watch the video: https://apmsuccess.com/160v   

In this episode of The Finance Rebel, I will discuss Elon Musk's newest debacle and the newest IRS bill. I will also answer questions from the live audience.

In this episode of The Finance Rebel, I will discuss Elon Musk's newest debacle and the newest IRS bill. I will also answer questions from the live audience.

In this episode of The Finance Rebel, I will discuss Elon Musk's newest debacle and the newest IRS bill. I will also answer questions from the live audience.

In this episode of The Finance Rebel, I will discuss Elon Musk's newest debacle and the newest IRS bill. I will also answer questions from the live audience.

In this episode of The Finance Rebel, I will discuss Elon Musk's newest debacle and the newest IRS bill. I will also answer questions from the live audience.

There's been a lot of reasonable concerns stirred up by the current administration's “Build Back Better Act". Along with that, some confusion in keeping track of the proposed changes as it makes its way through the legislative process. This week I am sharing what the latest revisions are, and most importantly, what that means for real estate investors. Key Takeaway: The recent cuts to the bill are very beneficial for real estate investors across the US. Thankfully, real estate investing remains a secured and time-tested approach for continued wealth building. Interested in our Current Offering? To learn more about REV Fund, our $100M Value-Add Multifamily Fund, click here: https://bit.ly/31zpSww Production Credits: Featuring: Ellie Perlman Strategy: Jeannette Robinson Digital Editing: Brenna Shelton Audio Editing: WEP (We Edit Podcasts) Learn more about your ad choices. Visit megaphone.fm/adchoices

If you have been planning to do a Roth IRA conversion to keep your retirement savings out of the hands of the IRS, you might want to get on that...

If you've been planning on doing a Roth IRA conversion to keep your retirement savings permanently out of the hands of the IRS, you may want to act on it...

On this episode, we go to Suze School for a lesson about the rise of crypto currencies, inflation, student loan forgiveness and what you need to know now about the proposed new tax bill. Take advantage of the Ultimate Opportunity Savings Account with Alliant Credit Unionat:  https://bit.ly/3vEUTZW Join Suze's Women & Money Community for FREE and ASK SUZE your questions which may just end up on her podcast! To ask Suze a question, download by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbH CLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMI See omnystudio.com/listener for privacy information.

There are potential big changes coming up as a new tax bill is working its way through Congress. While there are sure to be many changes to the proposed bill before it becomes law we wanted to dive into how this bill will affect the WCI community. One of the biggest impacts is that backdoor Roth IRA and mega backdoor Roth IRA accounts could be gone for good. There are proposed changes to income tax brackets and required minimum deduction rules. We look into these changes and many others that could be coming our way. Do you know what a smart financial move is? Working on the locum tenens assignment with CompHealth. Now I know what you're thinking. You already have a job, but that's the best part. You can work flexible locum assignments on the side for extra income or you can work locums full-time too. And to top it all off, locums almost always pay more than average. Just head to https://comphealth.com and see what locums can do for you financially. The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you! Main Website: https://www.whitecoatinvestor.com  YouTube: https://www.whitecoatinvestor.com/youtube  Student Loan Advice: https://studentloanadvice.com  Facebook: https://www.facebook.com/thewhitecoatinvestor  Twitter: https://twitter.com/WCInvestor  Instagram: https://www.instagram.com/thewhitecoatinvestor  Subreddit: https://www.reddit.com/r/whitecoatinvestor  Online Courses: https://whitecoatinvestor.teachable.com  Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter  00:00 Introduction 00:46 Deep Dive - Biden's Tax Bill 19:22 WCI Conference 2022 29:51 Your Questions Answered 30:05 $0 PSLF payments until 2023 33:49 Rolling over a Defined Benefit Plan 38:01 Catch-up contributions the year I turn 50 or the year after I turn 50 39:02 Open a solo 401(k) by giving my spouse 50% of my practice 40:50 Companies that will refinance my student loans with less than 2 years of 1099 income 43:35 Financial considerations to think about before giving birth 53:53 Taking money out of a UTMA to pay tithing? 59:07 The best way to handle a 401(a) while transitioning to fellowship 1:05:24 Wrap-Up

Helping people to save more for retirement is a popular idea in Congress these days. But, unfortunately, the proposal the House is pushing could end up doing more harm than good. Could your retirement savings be in jeopardy? Steve Forbes on the new tax bill to watch out for, why it could be bad news for retirement and what Congress should consider instead.Steve Forbes shares his What's Ahead Spotlights each Tuesday, Thursday and Friday.

The House Ways & Means Committee recently released proposed tax reform legislation that brings major changes to the current levels of taxation, including reversals of several provisions introduced in the Tax Cuts and Jobs Act of 2017. We dedicated this episode to exploring what this new proposal includes and some of the key aspects of the proposal that may interest our listeners. Throughout the episode, Grant dives deep into proposed provisions related to retirement, new tax brackets, business tax, tax on cryptocurrency, estate planning, and more.   [02:19] Background and Progress – Grant starts the conversation with a brief review of what led to this new proposed piece of legislation, its current status, and the path to getting it signed into law. [08:16] Roth IRA Conversions – The proposed tax bill calls to prohibit Roth IRA conversions on after-tax contributions, which has been a very convenient maneuver for tax planning. Grant shares his thoughts on what to keep in mind if you're considering a Roth IRA conversion. [12:35] High-Income Earners – The new tax bill also brings provisions to restrict high-income earners from doing any Roth IRA conversions starting from 2031. Grant dives into the reasoning behind this, why this provision is proposed to come into effect ten years from now, and some other restrictions that apply to high-income earners. [16:27] Mandatory Distributions – How the proposed new legislation mandates taking money out of your retirement accounts if the total value of all your retirement accounts exceeds a given threshold. [20:00] Tax Brackets and Rates – Grant dives into how the tax brackets and applicable tax rates are updated in the proposed legislation and proposed changes to taxation on capital gains. [27:47] Ultra-high Income – Grant shares his take on the 3 percent surtax proposed to apply for people who make over $5 million. [29:47] Surtax on Trusts – The proposed legislation also brings provisions to add a surtax on trusts. Grant talks about the proposed tax brackets and rates related to trusts and what you should keep in mind when considering estate planning. [31:08] Business Tax – How the proposed tax bill affects businesses depending on the type of business entity and some of the planning opportunities that emerge with the new proposal. [35:35] Busines Income Deductions – The new proposed legislation reforms a set of provisions related to business deductions that are introduced in the Tax Cuts and Jobs Act of 2017. Grant explains some of these reforms and what business owners should keep in mind about tax planning. [39:02] Cryptocurrency Assets – Some of the tax-related legislations that apply to other assets such as stocks and bonds do not currently apply to cryptocurrency assets. Grant shares his thoughts on how that may change in the new proposed tax bill and what crypto investors show know about the new tax bill. [42:26] Estate Planning – Another provision in the proposed tax bill brings some significant changes to taxes related to estate planning. Grant dives into what these updates include and what you should keep in mind about taking advantage of the current thresholds and exemptions.   Resources: https://waysandmeans.house.gov/media-center/press-releases/chairman-neal-announces-additional-days-markup-build-back-better-act

The Taxation (Annual Rates for 2021–22, GST, and Remedial Matters) Bill clarifies the GST treatment of cryptoassets, Latest Lockdown developments Treasury's draft Long-term fiscal position considers whether taxes need to increase

Now that the DOW is seeing several days of loss, Biden is meeting with the nation's top finance officials. His new tax plan could bump up the tax rate for over 60% of Americans.  See omnystudio.com/listener for privacy information.

https://vimeo.com/517633777 https://www.currentfederaltaxdevelopments.com/podcasts/2021/2/27/2021-03-01-will-we-see-a-new-tax-bill   This week we look at: Late revisions to PPP loan program House passes new COVID-19 relief bill, moves on to Senate Taxpayer gets out of tax on $300,000 of credit card rewards Texas taxpayers get extension to June 15

The House passes a new tax bill, late changes are made to the PPP loan program again.

This week we look at: Late revisions to PPP loan program House passes new COVID-19 relief bill, moves on to Senate Taxpayer gets out of tax on $300,000 of credit card rewards Texas taxpayers get extension to June 15 Copyright 2021, Kaplan, Inc.

On Today's Episode, Aaron and Zach cover a short amount of new items going on throughout Wyoming's energy industry. The State and the WOGCC is still working out a new tax system for oil and gas operators, groups throughout the State are trying to take public relation oppourtunites to tout Wind and Solar; Aaron and Zach provide 3rd party information on the 'transition' to renewables and more!

The Taxation (Annual Rates for 2020-21, Feasibility Expenditure, and Remedial Matters) Bill introduced covering purchase price allocation, taxation of land, feasibility expenditure & trusts Inland Revenue phone issues Last week for applications for the small business cashflow scheme

Under the new tax bill beginning this year January 2019, divorce would become a bit more burdensome for the ex-spouses who pays alimony because it's no longer tax deductible expense and today we are featuring Marla chicotsky from chicotsky law who devotes her practice to family law and will be will be giving us the 411 on divorce in Florida --- Support this podcast: https://anchor.fm/philip-bell/support

  https://vimeo.com/338599794 https://www.currentfederaltaxdevelopments.com/podcasts/2019/5/26/2019-05-28-another-new-tax-bill This week we look at: Virtual currency guidance promised by IRS Commissioner HSA numbers for 2020 released by IRS Auto depreciation limits for 2019 released by IRS House passes retirement reform bill, would drastically cut back on the use of stretch IRAs Assistant US Attorney warns preparers about criminal exposure when they don’t raise enough issues about loan

This week we look at: Virtual currency guidance promised by IRS Commissioner HSA numbers for 2020 released by IRS Auto depreciation limits for 2019 released by IRS House passes retirement reform bill, would drastically cut back on the use of stretch IRAs Assistant US Attorney warns preparers about criminal exposure when they don’t raise enough issues about loans Copyright 2019, Kaplan, Inc.

The House passes a new tax bill, the Commissioner promises upcoming guidance on virtual currencies and more.

New Tax Bill by Jeff Badu

On this edition of the Wealth Guardians Radio show, Doug talks about financial considerations that people should make regarding the new tax bill passed by the Congress and signed by the President in late December 2017. The Wealth Guardians Radio show is hosted by Doug Ray and broadcasts live each Saturday morning at 9:30 on Greensboro, NC’s 94.5 WPTI FM. Listen live or online at 945wpti.iheart.com/

The TAX CUTS AND JOBS ACT OF 2017 really changed the way that people can deduct their mortgage interest on their tax returns.

Tax laws for business owners, especially those who sell physical products, have changed. After the new tax law went into place the person whose expertise I trust the most is former Capitalism Conference speaker Tom Wheelwright. Stay ahead of the curve on what to do with your taxes this year and how to take advantage of some changes that have taken place with the tax law. You could stand to lose, or gain, a small fortune.  

Tax laws for business owners, especially those who sell physical products, have changed... The post Maximizing The New Tax Bill and Navigating Amazon State Taxes w/ Tom Wheelright appeared first on Freedom Fast Lane.

WSJ calls Barbara Weltman (BarbaraWeltman.com) “the guru of small business taxes,” and we talked with her about the new tax bill for small business. A best-selling author and speaker, she also offers valuable free daily business tips on her website. by SBE Council on ForbesBooks Radio

The type of Entity that you pick for business will have many legal pros and cons. Taxes, varying degrees of liability, and types of protection are all affected by your business entity. Consulting with your team's legal expert will help you decide which one best suits your small businesses needs. Justin goes over the differences between the various entities with legal expert Lee Popkin of Long, Ragsdale & Waters. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! TIME INDEX: 00:31 - What Entity Should a Business Owner Choose? 03:35 - A Brief History of Entities 04:10 - Corporations 04:50 - Limited Partnerships 06:18 - LLCs 09:55 - S Corps 11:14 - The Difference Between LLC & S Corp, Asset Protection 16:01 - Tax Benefits 18:59 - Effect of the New Tax Bill on Small Businesses 21:05 - Choosing Between an LLC and S Corp Based on Tax 23:15 - How to Determine Which Entity Suits Your Business Needs 24:43 - How Much Does this Expertise Cost? 26:46 - Getting Guidance from Your Team 28:26 - Closing Remarks   USEFUL LINKS: Financially Simple Financially Simple on YouTube Financially Simple on Facebook Financially Simple on Twitter Long, Ragsdale & Waters _________ BIO: Justin A. Goodbread, CFP®, CEPA, CVGA, is a nationally recognized financial planner, business educator, wealth manager, author, speaker, and entrepreneur. He has 20+ years of experience teaching small business owners how to start, buy, grow, and sell businesses. He is a multi-year recipient of the Investopedia Top 100 Advisor and 2018 Exit Planning Institute's Exit Planner Leader of the Year.DISCLOSURES:This podcast is distributed for informational purposes only. Statements made in the podcast are not to be construed as personalized investment or financial planning advice, may not be suitable for everyone, and should not be considered a solicitation to engage in any particular investment or planning strategy. Listeners should conduct their own review and exercise judgment or consult with their own professional financial advisor to see how the information contained in this podcast may apply to their own individual circumstances. All investing involves the risk of loss, including the possible loss of principal. Past performance does not guarantee future results and nothing in this podcast should be construed as a guarantee of any specific outcome or profit. All market indices discussed are unmanaged, do not incur management fees, costs and expenses, and cannot be invested into directly. Investment advisory services offered by WealthSource Partners, LLC. Neither WealthSource Partners, LLC nor its representatives provide legal or accounting advice. The content of this podcast represents the views and opinions of Justin Goodbread and/or the podcast's guests and do not necessarily represent the views and/or opinions of WealthSource Partners, LLC. Statements made in this podcast are subject to change without notice. Neither WealthSource Partners, LLC nor its representatives, the podcast's hosts, or its guests have an obligation to provide revised statements in the event of changed circumstances. Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes the use of by individuals who successfully complete CFP Board's initial and ongoing certification requirements.   Advisors who wished to be ranked in Investopedia's Top 100 Financial Advisors list either self-submitted answers to questions compiled by Investopedia or were nominated by peers.  Rankings were determined based on the number of followers and engagement on social media, primary contribution to professional industry websites, and their focus on financial literacy.  Neither performance nor client experience, however, were considered.  No compensation was paid by WealthSource Partners, LLC or Justin Goodbread to secure placement on Investopedia's Top 100 Financial Advisors List.   The Exit Planning Institute's Leader of the Year is awarded to a nominee who is a CEPA credential holder who has made a significant impact or contribution to the exit planning profession or overall community through innovation and influence and is viewed by the Exit Planning Institute as a thought leader, risk-taker and specialist while showing characteristics of collaboration.   This podcast might recommend products or services that offer Financially Simple compensation when you use them. This compensation is used to help offset the cost of creating the content. We will, however, never suggest products/services solely for the compensation we receive.

In this episode I talk about how to use the higher standard deductions in conjunction with the favorable capital gain rates to reduce taxes. If you are in the 10-12% tax brackets... AND REMAIN THERE, you pay no tax on your long term capital gains! This could be a huge strategy for those who have appreciated positions they were hesitant to diversify because of the tax potential. Remember, your taxable income is AFTER deductions. If you're married and have $70k of gross income after standard deductions you have $46k of taxable income, putting on the low end of the 12% bracket. In this case you can have around $30k of capital gains before you have to pay tax on them. Take advantage! I also show you what to look at in your tax return to begin the evaluation of your potential gains in using the tax code. 1040 Lines 8, 9 and 13 Schedule B Schedule D line 14 Know the numbers on these pages! Song of the day - Clutch - Escape From The Prison Planet --- Support this podcast: https://anchor.fm/josh-scandlen-podcast/support

The new tax bill, TCJA, is a HUGE opportunity for married couples to start planning, especially if you're over 65. In this episode I discuss how using your increased in Standard Deductions and paying just a bit more tax today can save you HUGE taxes in the future. Remember, a single taxpayer, i.e. a widow, only has half the Standard Deduction as a married couple. This may not seem a big deal, but it is. The single taxpayer will now be faced with higher taxable income, at a higher tax rate, as well as higher taxation on Social Security, PLUS, potential for huge premium increases on Medicare B and D. Don't let this be you. Start slowly moving money over to a Roth IRA, at the minimum up to the maximum of your current tax bracket. Married with taxable income of $50k means you have $27k before you hit the next bracket of 22%. Pay 12% tax on that $27k today to save huge amounts in the future. Song of the day is Jake Hamilton and the Sounds - Wade In The Water --- Support this podcast: https://anchor.fm/josh-scandlen-podcast/support

Recorded on February 25, 2018 “On Election Day in 2016, Donald Trump carried Ohio by eight percentage points. Our guest today carried the state by twenty-one. Senator of Ohio Rob Portman joins Peter Robinson at a special live taping of Uncommon Knowledge. They discuss the 2018 tax bill, the opioid crisis, the Parkland shootings, North Korea, and much more. Senator Portman stands by his decision to vote for the new tax bill as he has seen the benefits right in his home state. He recounts several anecdotes of his constituents who have already seen benefits from the new tax bill. He tells the story of one small-business owner who is finally able to offer health care to her full-time employees because of the tax breaks for small businesses. He also discusses meeting with microbrewers who are now able to expand their facilities and grow their businesses because of the tax cuts. Portman also discusses how the new federal budget helped the Department of Defense and the US military to build out their forces in order to project strength abroad. He explains ways that the Republicans and Democrats were able to compromise on increasing domestic discretionary spending so that they can also spend equally on defense. He recounts examples of bipartisanship in order to help Congress get work done. Senator Portman goes into great detail about the opioid crisis a huge issue in his state. Portman is working hard to increase treatment programs for addicts to end the crisis. He tells a story about one young man he met who will be able to become sober and regain his life back because of the new treatment programs. Peter Robinson takes the interview into a lightning round near the end of the program, asking Senator Portman quick questions for quick answers about his thoughts on the situation with North Korea, the Parkland shootings, conservatives and Donald Trump, and why Portman continues to be in public service. Portman ends the interview by explaining why public service matters to him more than making significantly more money in the private sector. Did you like the show? Please rate, review, and subscribe! (Playing time: 46:14)

In this episode, host Angelo Robles speaks with Scott Sambur, Trust & Estates Partner, Seward & Kissel about the new tax bill and how it will affect the single family office. Understanding the new tax rules will help determine best structuring opportunities and uncover where adjustments can be made.

Links:https://www.4283legaladvisors.com/single-post/2018/01/23/The-Skinny-on-the-New-Tax-Bill

Host - Mark Kirk, Director of Animal Nutrition Research enjoys having studio guests Amy Parish, CPA, and Alex Foeller, Finance Manager for Masters Choice. The topic is the new tax bill and what it means for farmers. It's a different topic, but an interesting topic! Thanks for listening!

The new tax reform will impact the real estate market in four key ways. These changes indicate that now might be the time to start the process if you’re thinking about selling in 2018.Buying a home? Click here to perform a full home searchSelling a home? Click here for a FREE Home Price EvaluationI’ve gotten a lot of questions recently about how The Tax Cuts and Jobs Act will affect the real estate world. There are four key tax changes that will impact the housing market:1. Deductions for property taxes. Prior to the new tax bill, if you itemized deductions on your federal return, you were able to deduct the entire property tax bill along with any state income taxes. Going forward, this total amount will be capped at $10,000. 2. Deductions for mortgage interest. The final tax bill reduces the limit on deductible mortgage debt to $750,000 for or new loans that were taken after December 14, 2017. Other loans of up to $1 million prior to that time are grandfathered in. 3. Exclusion for capital gains. Previously, if sold your home and turned a profit, then up to $500,000 of that profit was exempted from the capital gains tax if you were married and had lived in the home for two out of the last five years. There was some concern that this rule would be changed so that you had to live in the home for five out of the last eight years, but no change occurred. You still only need to live in the for home two out of the last five years in order to claim this exemption4. The deduction of moving expenses. You used to be able to deduct your moving expenses if you moved for a job, but the final bill repealed this rule and modified it so that you can only deduct your moving expenses if you’re a member of the U.S. armed forces. The first two changes increase taxes on current homeowners who itemize. Therefore, they might make homeownership a little less attractive. This is why the NAR stated that we would see a 10% drop in prices in 2018. On the other hand, the last change makes it more expensive to sell your home. As a consequence, there may be more homes not coming on the market. If you’re thinking about selling your home in 2018, now might be the right time to start the process. We’ll have to see how things play out, but there seems to be a consensus among experts that these reforms might drive home prices down in the midterm. On the bright side, sellers still get to keep the capital gains exemption, which is a huge win for real estate. If you’re thinking about selling your home in 2018, now might be the right time to start the process. If you have any other questions about these changes or you need help buying or selling a home in our market, feel free to call or email me. I’d be glad to help you.

With the new tax bill coming into effect, many are wondering how it will affect our local market. Here are four ways the bill will and won’t impact us. Looking to buy in the Stafford/Fredericksburg area? Perform a full home search Looking to sell in the Stafford/Fredericksburg area? Get a free Home Price EvaluationI’m sure that many of you are aware that a new tax law has been passed. There is a lot of uncertainty about how it may affect real estate, so today I’m going to talk about four relevant changes and how they may affect us in our local market. The first of those changes is that the deduction allowed for what you pay toward state and local taxes (SALT) is being capped at $10,000. The important thing to note is that if you pay more than $10,000 in state and local taxes (including property taxes), you won’t be able to deduct any more than the capped amount. Here’s the positive side: the cap won’t affect a large percentage of home sellers or homeowners in the area. This is partially due to our average sales price, so while this may affect a small portion, especially on the high end of the market, it’s not likely to cause sweeping change. Take a look at how much you pay in state and local taxes to get an idea on how you may be affected. The second important change is that the amount that can be deducted for mortgage interest paid throughout the year is reducing as well. Under the previous tax code, mortgage interest could be deducted on loan balances up to $1 million. This has been reduced to loan balances up to $750,000. Like the first change, this will mostly affect buyers looking to buy in the upper price ranges for our area. The thing to keep in mind is if you have one or more mortgages with total balances of up to $1 million, you are grandfathered into this $1 million legacy cap. Also, you can refinance your balance(s) and still be taxed based on the previous rules. New mortgages taken out after mid-December will be subject to the new cap. If you are looking to purchase and will have total loan balances under $750,000, you will be unaffected by this change.“THESE CHANGES WON’T HIT OUR LOCAL MARKET AS HARD AS AREAS WITH HIGHER TAXES OR HIGHER AVERAGE SALES PRICES. ”The third item on the list is the new tax bill’s effect on capital gains—it won’t change at all. In previous versions of the bill, congress looked at changing the amount of time that someone would have to live in their home as a primary residence to be exempt from capital gains on the sale. Until the last minute, many thought this would change from from a primary residence requirement for two of the last five years to five of the last eight years. This would have been a massive change because one of the biggest benefits to homeownership in any area is that if you live in a home as a qualifying primary residence, your gains on the sale of that home aren’t taxable as capital gains. Our area is very transient; we’ve got a huge military contingent, tons of federal workers, and a lot of contractors that move regularly and often in less than 5 years. Large numbers of homeowners having to pay taxes for selling before the proposed five-year mark could have had a devastating impact on the local market. Sellers could have been forced to hold their homes off the market and it would have made it a lot more expensive for many in our area to sell their home. Targeted lobbying efforts from the real estate industry contributed to the final bill keeping the time frame at two of the past five years. This was a big victory. The last item is something that can affect sellers anywhere. Deductions for moving expenses are no longer allowed, with the caveat that if the seller is a member of the military, those deductions can still be factored in. Keep this in mind as your factoring in your moving costs. The big thing to keep in mind as we look at these changes is that you’re going to hear quite a bit of negative reporting. Even the National Association of Realtors has said that some of these changes could have an effect of up to 10% on prices. The key here is that locally, our average sales price will mitigate the effect of the first two changes. It won’t hit our local market as hard as areas with higher taxes or higher average sales prices. Going into 2018, things still look really positive. There are many things that are still going our way, and for our area in particular, I don’t anticipate these changes having a big negative impact. Since I’m a real estate agent and not a CPA, I can’t give you tax advice, just my opinion as it relates to real estate. If you do have further questions about the tax bill, I can put you in contact with a CPA to provide you with more details and insight. For any other questions regarding real estate, feel free to reach out to us. We’d be glad to help you.

How does the new tax bill affect you as a homeowner? There is a lot of good news surrounding what changes took place, and there are five specific changes you need to know about. The first involves the capital gains tax. If you sell your home and have lived in it for two out of the last five years, you don’t have to pay capital gains tax. There was talk about changing this rule from two out of the last five years to five out of the last eight years, which would’ve made it more difficult to take advantage of this exemption, but they didn’t. The second change involves the mortgage interest deduction, which was capped at $750,000. Previously, you could deduct interest on mortgages for up to $1 million. So, if your mortgage is above $750,000, you won’t be able to deduct any interest. “You should see your taxes go down in 2018.” Third, the standard deduction was raised from $6,000 to $12,000 for single filers and from $12,000 to $24,000 for married couples. This change takes away some of the advantages you have when you itemize your property taxes and mortgage interest. It also creates more of a level playing field for owners and renters. Fourth, the personal exemption, which was $4,150, was repealed. This repeal is kind of a wash, though, considering the increase in the standard deduction. If you have children under the age of 16, this deduction was raised from $1,000 to $2,000 per child. Lastly, you can no longer deduct your moving expenses unless you’re a member of the U.S. armed forces. With these changes, you should see your taxes go down in 2018. If you have any questions about these changes or you’re thinking of buying or selling a home in our market, don’t hesitate to reach out to me. I’d be glad to help you.

A happy, healthy New Year to you all! With this new year came a new tax bill that has everyone buzzing. Today, I wanted to talk about what effects this new law will have on the real estate market in Bucks County. To preface the discussion, I’m not a tax lawyer or an accountant, so in order to understand how exactly you’ll be affected the changes, it’s critical that you talk to a CPA or tax attorneyfamiliar with the law since it won’t affect everyone the same way. The most important changes as far as homeownership goes relate to the state and local taxes. There is now a $10,000 limit on state and local taxes, which will impact people in higher tax brackets like our neighbors in New Jersey. Another key change is that mortgage interest deductions are capped for new mortgages only. This means that existing mortgages will go unaffected. The cap is now set at $750,000, so anything above that is non-deductible. “In a weird way, the tax bill could be helpful for the real estate values in Bucks County.” The National Association of Realtors has suggested that in some high-tax states, there could be as much as a 10% reduction in values. In a weird way, this could be helpful for the real estate values in Bucks County, Lower Makefield, Yardley, Newtown, Washington’s Crossing, and Upper Makefield. After the tax bill was passed, I received four or five calls from homeowners from the more expensive areas of New Jersey saying that, because of the bill, they’d be looking to move out of the state. In general, Bucks County is the less expensive area to live in. If you have any further questions about this or other real estate topics, feel free to reach out to me. I’d be glad to speak with you.

There has been a lot of confusion recently about changes to our tax system. Today, I’d like to clarify how the new laws will actually impact our market. Winter is here! Our weather hasn’t been consistent, but the good news is that our housing market is still hot. That being said, I know many of you are likely wondering how the new tax code will impact residential real estate. Originally, there were three major proposed changes being examined by the House and the Senate. The first was the change of requirements for the exclusion of gain on the sale of a principal residence, the second was a reduction on the limit of the mortgage interest deduction (MID), and the third was the elimination of the state and local tax deduction (SALT)—which would include property taxes. However, the tax code has now evolved from this original proposal. Let’s take a look at what impact experts believe it will have on the housing market. Starting with the capital gains tax exclusion, the proposal stated that owners would have had to have lived in their primary residence for five of the last eight years to qualify. But this change did not come into being for the final version of the new tax code. In fact, this portion of the tax code is unchanged from its former framework. Homeowners still only need to have lived in their primary residence for two of the last five years to be exempt from capital gains tax. “People purchase homes for many reasons other than the tax advantages.” Moving on, many people were concerned that the MID would be eliminated. This did not happen, but the bill has made some changes. The new bill reduces the limit on deductible mortgage debt to $750,000 for new loans taken out after December 14, 2017. Current loans up to $1 million are grandfathered in, however. Additionally, homeowners may refinance debts of up to $1 million existing on December 14, 2017, and still deduct interest, so long as the new loan does not exceed the amount refinanced. The new tax law also repeals deductions for interest paid on home equity debt through December 31, 2025. When it comes to home equity loans, interest is still deductible if proceeds are used to make improvements to the residence. On second homes, interest remains deductible but is subject to limitations. The last changes we need to examine are those made to SALT deductions. Despite the concern of many, these deductions were not eliminated. The final bill allows an itemized deduction of up to $10,000. Higher-taxed regions and homeowners who now have a cap on these deductions are likely to be impacted by this change. As for the impact these changes will have on you, personally, I recommend that you sit down with an accountant or financial planner. Of course, it’s important to remember people purchase homes for many reasons other than the tax advantages. These personal reasons, such as needing room to raise a family, will never change. If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.

Stanford Legal with Pam Karlan & Joe Bankman : "Untangling the New Tax Bill with guest Joe Bankman" Pam and Joe talk about the recently passed GOP tax law. Joe reveals who he thinks are the big winners and losers are and how individuals, corporations, and states are looking to reap maximum benefits. Originally aired on SiriusXM on January 20, 2018. Recorded at Stanford Video.

Stanford Legal with Pam Karlan & Joe Bankman : "Untangling the New Tax Bill with guest Joe Bankman" Pam and Joe talk about the recently passed GOP tax law. Joe reveals who he thinks are the big winners and losers are and how individuals, corporations, and states are looking to reap maximum benefits. Originally aired on SiriusXM on January 20, 2018. Recorded at Stanford Video.

My team at Keen Wealth has been hard at work pouring over the new tax bill that President Trump signed into law at the end of 2017. There’s much to unpack and a few details that still haven’t settled into place, but I know that my listeners and clients have questions. So while this probably won’t be our only episode this year on what might be the biggest change to the tax code in decades, today we will look at some of the most important changes this bill introduces. Hopefully this discussion will help folks cut through all the political clamor, and start thinking about the potential impact on their financial planning.

It’s time to reimagine therapy and what it means to be a therapist. We are human beings who can now present ourselves as whole people, with authenticity, purpose, and connection. Especially now, when therapists must develop a personal brand to market their practices. To support you as a whole person and a therapist, your hosts, Curt Widhalm and Katie Vernoy talk about how to approach the role of therapist in the modern age. Interview with Michael Jurenka, CPA We so enjoyed talking with Mike Jurenka! Mike has been a Certified Public Accountant since 2006. After graduating from Montana State University, he moved to Seattle and spent the first five years of his career working for Clark Nuber, PS, in Bellevue, WA. His areas of expertise include commercial and individual income tax. His strongest expertise is working with closely held businesses and their owners on tax issues that arise throughout the course of running a business. He consulted with clients at Clark Nuber on accounting for income taxes for large private and smaller publicly traded clients. In this episode we talk about: How the New Tax Bill for 2018 in the United States impacts private practice businesses New limits on deductions and the cap on deductions Solid business practices Different business entities and what the heck a pass-through corporation is The complication of pass-through deductions Business expenses versus deductions When and why to incorporate How to choose an accountant How to plan for taxes in 2018   Resources mentioned: We’ve pulled together any resources mentioned in this episode and put together some handy-dandy links. You can learn more about Michael Jurenka, CPA at www.fjcpas.com The Therapy Reimagined Conference in Los Angeles in October 2018!! Who we are: Curt Widhalm is a Licensed Marriage & Family Therapist in private practice in the Los Angeles area. He is a Board Member at Large for the California Association of Marriage and Family Therapists, a Subject Matter Expert for the California Board of Behavioral Sciences, Adjunct Faculty at Pepperdine University, and a loving husband and father. He is 1/2 great person, 1/2 provocateur, and 1/2 geek, in that order. He dabbles in the dark art of making "dad jokes" and usually has a half-empty cup of coffee somewhere nearby. Learn more about Curt at www.curtwidhalm.com. Katie Vernoy is a Licensed Marriage and Family Therapist, coach, and consultant. As a helping professional for two decades, she’s navigated the ups and downs of our unique line of work. She’s run her own solo therapy practice, designed innovative clinical programs, built and managed large, thriving teams of service providers, and consulted hundreds of helping professionals on how to build meaningful AND sustainable practices. In her spare time, Katie is secretly siphoning off Curt's youthful energy, so that she can take over the world. Learn more about Katie at www.katievernoy.com. A Quick Note: Our opinions are our own. We are only speaking for ourselves – except when we speak for each other, or over each other. We’re working on it. Our guests are also only speaking for themselves and have their own opinions. We aren’t trying to take their voice, and no one speaks for us either. Mostly because they don’t want to, but hey. Stay in Touch: www.mtsgpodcast.com https://www.facebook.com/therapyreimagined/ The Modern Therapist’s Survival Guide NEW Facebook Group!! https://twitter.com/therapymovement https://www.instagram.com/therapyreimagined/ Credits: Voice Over by DW McCann https://www.facebook.com/McCannDW/ Music by Crystal Grooms Mangano http://www.crystalmangano.com/

The interpretations and nuances of the new tax legislation will be studied and understood over time, says Jeff Groff, Tax Partner and CPA with RBF. In this podcast, he gives an overview of what we can expect from the new law.

There’s been a lot of buzz about how the new tax law will affect homeowners, but what are the implications for real estate investors? A new article suggests that real estate prices are being affected by the new rules—and will continue to adjust in 2018. On today’s show, I’m sitting down to discuss how real estate prices are being affected by the new tax rules. I’ll share what this means for investors, how you can protect yourself from losing profits, and so much more. Please join me for episode 258 of Investing in Real Estate! Book a call with our team: https://goo.gl/dezwHT Show notes: http://morrisinvest.com/episode258

Your Cirrus Specialist. Call me if you’re thinking of buying a new Cirrus SR20 or SR22. Call 1-650-967-2500 for Cirrus purchase and training assistance. Send us an email - http://www.sjflight.com/Forms/inquiry.htm If you have a question you'd like answered on the show, let listeners hear you ask the question, by recording your listener question using your phone. Max talks in detail about Cold Weather Flying operations, how the new tax bill affects aircraft ownership, and when to fly VFR versus IFR Garmin introduces the GDL 82, an ADS-B out, which is a low cost, easy to install solution. Here's a link to the now cancelled Advisory Circular AC 91-13C on Cold Weather Operation of Aircraft. Click here for the current listener survey. Tell us about the aviation headset you use most, what you like and dislike about it, and if you're planning to buy a new headset. Please visit my new Patreon page and make a contribution to help me with my goal of improving the AviationNewsTalk.com website. Mentioned in the Show Check out our recommended ADS-B receivers, and order one for yourself for Christmas. Yes, we'll make a couple of dollars if you do.  Check out our recommended Aviation Headsets, and order one for yourself! List of Favorite Aviation Podcasts Aviation Marketing Hangar Flying podcast in iTunes Paula Williams interview- Airplane Geeks podcast on Aviation Marketing News Stories What US Tax Bill Means for General Aviation Chinese Company Buys Rest Of Diamond Rule-Compliant ADS-B Out Solution Now Shipping Levil Bring BOM to Market - External data module Seasonal Tower Operating again at Truckee-Tahoe Airport Five people killed in plane crash at Bartow Airport Parachute pull during spin in Light Sport Aircraft

In the third episode of All About Your Benjamins The Podcast I am joined by Kyle Moore, CFP® of Quarry Hill Advisors to discuss the impact of the most recent tax bill, especially the impact on young professionals and Millennials–don’t worry, we keet politics out. We also discuss his path to starting his own Registered Investment Advisory firm, his stint… Continue Reading→ The post The New Tax Bill and Strength Training with Kyle Moore, CFP® (003) appeared first on All About Your Benjamins™.

Tim Aschoff goes on Road Dog Trucking to talk about the new tax bill and what that means for trucking companies and individual truckers. He also talks about an upcoming road trip, future technologies and trucking, and answers driver questions.

On this episode, i’m posting a clip from my call discussing the new tax bill. We also had an interesting exchange about cryptocurrencies, bitcoin and lightcoin. Audio engineering: Ben Kliever

With over 1,000 pages of new tax law, decoding what this means for individuals, retirees, and businesses will be a difficult task. On today's show we talked with tax attorney and author Rebecca Walser. She gave us valuable commentary into the new tax bill, effective 2018 and her new book Wealth Unbroken.  Tax attorney and Certified Financial Planner Rebecca Walser will release her book Wealth Unbroken - Growing Wealth Uninterrupted by Market Crashes, Taxes, or Even Death in January 2018. Known from her weekly “Smart Money Mondays” segment on the nationally syndicated “Daytime” television show seen in over 70 markets, she has also been featured in US News & World Report, Bloomberg Business, New York Post, New York Daily News, Yahoo Finance, ABC News, NBC News, CBS News, FOX News, CW, Miami Herald, Boston Globe, LA Daily News, International Business Times, Investing Daily, Street Insider, and numerous other media outlets. According to Rebecca Walser, tax attorney and financial strategist, conventional wealth building wisdom has been leading Americans astray for 40 years. In Wealth Unbroken, Rebecca explains how and why following the popular beliefs about long-term wealth building are keeping 96 out of 100 Americans from financial success in their retirement.   To learn more about Houston Money Week visit: www.Houstonmoneyweek.org   http://www.cheatsheet.com/personal-finance/how-schools-can-improve-their-personal-finance-education.html/ Financial Advisor Magazine Articles: http://www.fa-mag.com/news/advisors-stay-the-course-amid-monday-s-market-drop-22864.html?section=3  http://www.fa-mag.com/news/on-it-s-80th-anniversaryadvisors-consider-social-security-s-impactfuture-22784.html?section=3 You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at: http://directory.libsyn.com/shows/view/id/moneymatters or www.moneymatterspodcast.com #KPFTHOUSTON #HoustonMoneyWK #rebeccawalser

In today’s episode, we are jumping into our taxes with my buddy and tax advisor, The Cash Flow Doctor, Eric Nghiem. Our taxes go towards our city, state, and country, paving roads and improving our communities. However, we’d all like to save a little bit more and put it towards growing our businesses and donating to charities of our choice. Eric Nghiem gives us some simple strategies that we can apply this tax season to save and grow our money. Timestamped Show Notes: [ 8:03 ] Entrepreneurs and Taxes [ 9:07 ] Bookkeeping [ 12:30 ] Filing as a Business: Getting The Most Deductions [ 14:32 ] Structuring your business entity: LLC, S-Corp, C-Corp [ 17:44 ] Deductions [ 22:41 ] Appropriate Salary and Retirement Plans [ 29:14 ] Business Sales [ 40:00 ] The New Tax Bill   Takeaways: Eric highly recommends utilizing an accounting or bookkeeping system, even if it’s as simple as an excel spreadsheet, a ledger, even a basic notebook. Quickbooks and Xero are also great accounting softwares to keep your records safe, storage, and easy to navigate when it comes time for your taxes. As an Entrepreneur, the first step in tackling your taxes is to make sure you have proper bookkeeping set up. This gives you a chance to also see on a daily basis where you is profits and expense.   Limited liability saves your company from large liability suits, however, there is no tax benefit. S-Corp is highly recommended for most small businesses under a million dollars in revenue. Put yourself on salary with self-employment tax, but the rest of your profits will come without the self-employment tax.C-Corp is a more advanced entity, under the new tax plan it will be more beneficial than in the past. Keep track of your common expenses for deductions, internet service, web hosting, personal cell phone (as long as you have a landline), vehicle expenses, mileage, meals with clients, anything that's usual, ordinary you can deduct. Make sure you leave a paper trail, use a business credit and debit cards.   Resources: Quickbooks, Xero. BDB New Year Goal Sheet. The Billion Dollar Brotherhood.

We're finally back with a late Christmas present for y'all in a new episode with the homie @jawnbrown. We talk Netflix, BBB, Kobe slander, the New Tax Bill, and a whole bunch of other stuff.... Follow us on: Twitter: @ntspod / @mikelowkey / @djelzee IG: @notthatseriouspod "Not That Serious Podcast" on Soundcloud "Not That Serious" on iTunes Be sure to check out Sponsor/ Friend of the Podcast @gardenappclothing on Instagram 

We're finally back with a late Christmas present for y'all in a new episode with the homie @jawnbrown. We talk Netflix, BBB, Kobe slander, the New Tax Bill, and a whole bunch of other stuff.... Follow us on: Twitter: @ntspod / @mikelowkey / @djelzee IG: @notthatseriouspod "Not That Serious Podcast" on Soundcloud "Not That Serious" on iTunes Be sure to check out Sponsor/ Friend of the Podcast @gardenappclothing on Instagram 

Hi Podcast listeners! Thanks for downloading. Be sure to get a copy of the Break the Business audiobook, now available on Amazon, Audible, and iTunes! In our final episode of 2017, we discuss the effects that the new tax bill will have on indie artists and a VERY SPECIAL friend of the show stops by to talk about the new Star Wars movie with Ryan. We also chat with UK pop rock artist Joseph Dunwell. His band The Dunwells have played at Lollapalooza, Bonnaroo, and the Tonight Show. Joseph talks to us about his incredible music journey and the creative freedom that making music independently has brought him. Lots of great advice in this interview. It is not to be missed! Rate/review/subscribe to the Podcast on iTunes, SoundCloud, Stitcher, and Google Play. Follow Ryan @ryankair. Like Break the Business on Facebook and tell a friend about the show! And visit www.breakthebusiness.com to get a copy of Ryan’s Book “Break the Business: Declaring Your Independence and Achieving True Success in the Music Industry.”

It's almost tax season! Because of that and the fact that a new tax bill was signed into place today, people are wondering how this all affects them. Well, you... The post What Does The New Tax Bill Mean For Low And Middle Class America appeared first on Power 98 FM.

We talk to FoxNews.com writer Liz Peek about the GOP's tax reform bill. Image credit: shutterstock.com

This December will be the month that marks the finalization and voting of the new tax bill. This new tax bill will impact both corporate and personal taxes.  Changes brought about by the tax law are sure to affect different facets of our financial plans, including how we plan for retirement. Learn more about the … Continue reading Episode 15 – The New Tax Bill – Larry Heller with Michael Kessler, CPA →

Guest: Josh Keefe, International Business Times reporter (@thejoshkeefe) Music by: The Hellfreaks (http://thehellfreaks.com) Produced by: Yael Grauer (@yaelwrites) and Trevor Hultner (@illicitpopsicle)

This episode:Cherokee Drug EpidemicSex Trafficking Final Tax BillOFFICIAL 2017 3RD RAIL RAMBLERS CHRISTMAS PARODY!

This week, Ty and DImi talk about Malcolm Jenkins, Slavery in Libya, DantheMan, New Tax Bill, Lavar Ball, John Oliver and more with our special guest Yemi Follow Us On Social Media! Twitter: @InGeneralShow IG: @InGeneralShow

We welcome Kelly Jane Torrence & Jason Russell to this episode of The Strongcast! With these two Beltway insiders, we tackle the new tax bill & the impact it'll have on everyday Americans. This is one #Strongcast you do NOT want to miss! Subscribe to The Strongcast on iTunes at: https://itunes.apple.com/us/podcast/the-strongcast/id1299887231?mt=2 Find out more about The Strongcast at: armstrongwilliams.com/strongcast

Although many people, myself included, doubted it would happen, the Senate passed the Tax Cut Bill. Big changes are coming to the tax system, although all the details still need to be hammered out. These changes will affect billions of Americans and it will affect all of us either positively or negatively. It’s impossible to walk through every possible scenario, but there are two main groups that will lose out the most from these proposed changes. Big changes are coming to the tax system, although all the details still need to be hammered out. The main change we can expect is that the standard deduction will be doubled. You’ll notice if you look at your previous tax returns, that you either take a standard deduction or use itemize deductions. The average married couple right now can deduct $12,000 from their income, and with this new plan they could deduct $24,000. This means most people won’t take itemized deductions, such as gifts, tithes, mortgages and student loan interest in the future, as they'll get more money back by taking their standard deduction. The first group most affected by these changes are those worried about not being able to deduct mortgage interest, including realtors, home builders, mortgage lenders and others in that industry. This group doesn’t worry me very much. Deducting your mortgage interest won’t affect the average person, as you still benefit from the higher standard deduction. The main reason this doesn’t concern me is that you should never be purchasing a house for the tax benefits. Always purchase a home you can afford and let the deductions be a fringe benefit. The second group affected by this change in deduction, though, makes me worry. People often use charity donations,tithes and similar expenses to itemize their deductions and increase their tax returns. Without the incentive of these deductions, will people give as freely to charities now? Traditional conservatives don’t believe the private sector needs an incentive to donate, but history suggests otherwise. Without the incentive of these deductions, will people give as freely to charities now? I want to believe we’ll see just as many donations if not more in the upcoming year despite these changes. Many of my favorite clients are those who come to me not because they want to get as much money as possible, but because they want to know how to use their wealth effectively to help the world around them. They’re not always wealthy clients either. I recently had a middle class couple who was just barely saving money, but came to me to see how they could find a way they could use what little extra funds they had to give more to others. I can help you do the same with your money and together we can ensure our local charities and organizations don't suffer under this new tax code. We can discuss not just how to make you money, but how to help you give the way you’ve dreamed. Help Me Give GenerouslyAsk A Question 

Russia hacking into the election, obstruction of justice, collusion — no matter what one thinks, we now have a guilty plea from one of Trump’s own staff. With Flynn now cooperating with Robert Mueller’s Special Counsel, what could it all mean given President Trump still calling it a “hoax?” Also, Democrats call the new tax bill a […] The post Michael Flynn Pleads Guilty & What’s With This New Tax Bill?: WhyPartisan, Episode 07 appeared first on Life, Listened.

Morey and Macarena are back this week with information about the current tax reform in the U.S. The tax cuts are designed to get unemployment numbers down, and more people working. Morey describes the tax bill and the healthcare bill as having close ties, which is causing the delay in Congress passing both. Morey also cautions business owners and the self-employed when increasing their business expense deductions. Remember, you increase the chance of an IRS audit when you increase your deductions. If you live offshore and are uncertain which tax forms you need to file, or when your taxes are due, call the professionals at Glazer Financial. Or, if you are looking for real estate in Belize, call Macarena Rose, at Rainforest Realty.   Key Takeaways: [1:20] Taxes have been put on hold so the healthcare bill can be the president’s primary focus. [3:56] Morey would like to see the new tax bill passed, because it will create more jobs. [6:36] Larger corporations look to foreign countries to fill IT positions. [7:54] China is looking to Central America for new business growth. [9:01] Educating the children will help the overall economy. [10:41] There are companies moving their profits offshore to pay less tax. [11:50] The overlooked deductions for the self-employed. [14:00] Read how to increase your chance of an IRS audit articles. [16:47] Documentation is everything. [18:47] Tax season office expenses are tax deductible. [19:46] Young people who don’t have insurance apply for Medicaid. [22:26] Be vigilant about having documentation for your entertainment expenses.   Mentioned in This Episode: Glazer Financial Network Email Macarena: macarenarose@gmail.com Tuesdays with Morey on Facebook Expat Tax Expert Email Glazer Financial: mglazer@glazerfinancial.com 469-358-2818 972-385-0007 MacarenaRose.com Rainforest Realty

We're finally back with a late Christmas present for y'all in a new episode with the homie @jawnbrown. We talk Netflix, BBB, Kobe slander, the New Tax Bill, and a whole bunch of other stuff.... Follow us on: Twitter: @ntspod / @mikelowkey / @djelzee IG: @notthatseriouspod "Not That Serious Podcast" on Soundcloud "Not That Serious" on iTunes Be sure to check out Sponsor/ Friend of the Podcast @gardenappclothing on Instagram