The Tax Cuts and Jobs Act of 2018 changed the tax planning calculus for a lot of taxpayers. Among the many changes in this landmark tax act, one change was to eliminate the ability to recharacterize amounts converted into aREAD MORE
Tax Planning
The Tax Cuts and Jobs Act of 2017 changed a lot about living in California. While the Standard Deduction doubled, personal exemptions were eliminated, and several prominent deductions were capped or eliminated, including: Deductions for state and local taxes (income,READ MORE
Picture the Tax Cuts and Jobs Act as an industrial-sized broom: it covers a huge area with just one sweep. In our previous article we discussed some of the key changes this landmark tax overhaul brings for individuals. Let’s focusREAD MORE
The Tax Cuts and Jobs Act of 2017 (TCJA) is the most sweeping change to the tax code in three decades. Passed by Congress and signed into law on December 22nd, TCJA permanently modifies taxes for corporations, but it alsoREAD MORE
It’s December, and the holiday season is upon us once more. It can be a busy time of the year, and the remaining days of 2017 can go by in a flash. There is a lot of uncertainty about taxREAD MORE