Ding dong, the AMT is dead!
It’s not really dead. The “Tax Cuts and Jobs Act” didn’t do away with the dreaded Alternative Minimum Tax (AMT) for individuals. But while not gone, it can, for most taxpayers, be forgotten. First, some background. […]
What you need to know about new mortgage interest deduction rules
The “Tax Cuts and Jobs Act” changed the rules for deducting mortgage interest. Here are three important “take-aways” from the new rules. Some home equity interest is no longer deductible … Home equity interest is […]
Everyone ought to have an IRA
In his classic Broadway musical comedy, A Funny Thing Happened on the Way to the Forum,. Steve Sondheim tells us that “Everybody ought to have a maid”. I agree. I also believe that everybody ought […]
10 important things to know about the new tax law
The Tax Cuts and Jobs Act passed in December of last year has drastically changed the United State Tax Code. For tax years 2018 through 2025, when the individual provisions of the Act are scheduled to […]