Monthly Archives: March 2018

Home/2018/March

New Tax Law Cracks Down on Home Mortgage Interest

Article Highlights: Acquisition Debt Interest Equity Debt Interest Consumer Interest New Tax Law Changes Note: The is one of a series of articles explaining how the various tax changes made by the GOP’s Tax Cuts & Jobs Act (referred to as the “Act” in the article), passed late in December 2017, might affect you and [...]

By | 2018-02-22T16:04:27+00:00 March 7th, 2018|Categories: Uncategorized|0 Comments

Medical Deductions & The New Tax Law

Article Highlights:   Medical Deductions Retained by the Tax Reform Law Adjusted Gross Income Floor Dropped to 7.5% The Standard Deduction Bunching Medical Deductions Unusual Medical Deductions Medical Dependents Divorced Parents Note: The is one of a series of articles explaining how the various tax changes in the GOP’s Tax Cuts & Jobs Act (referred [...]

By | 2018-02-22T16:02:32+00:00 March 7th, 2018|Categories: Uncategorized|0 Comments

Tax Reform Puts a Cap on Deducting Business Losses

Article Highlights:   Excess Business Loss Computing the Loss Limits Net Operating Losses (NOL) NOL Carryovers Note: This is one of a series of articles explaining how the various tax changes in the GOP’s Tax Cuts & Jobs Act (referred to as “the Act” in this article), which passed in late December of 2017, could [...]

By | 2018-02-22T16:00:04+00:00 March 5th, 2018|Categories: Uncategorized|0 Comments

Business Owners Beware: New Tax Law Severely Limits Entertainment Deductions

Article Highlights: Business Entertainment Expenses Business Meals Directly Related To Test Associated With Test Employee Meals Note: This is one of a series of articles explaining how the various tax changes in the GOP’s Tax Cuts & Jobs Act (referred to as “the Act” in this article), which passed in late December 2017, could affect [...]

By | 2018-02-22T15:58:21+00:00 March 2nd, 2018|Categories: Uncategorized|0 Comments