by Peter Augenblick | Jan 9, 2019 | Federal Taxes, HOME PAGE NEWS
Good news: tax rates are reduced significantly. Not-so-good news: many deductions you may have counted on are removed or capped. DEDUCTIONS. Standard deduction for married couples is up: $24,000. But state and local itemized deductions are capped at $10,000....
by Peter Augenblick | Jan 9, 2019 | Federal Taxes, HOME PAGE NEWS
Yes, it will impact you. Do all the benefits really go to the top 1 percent, as we’ve read? We’ve modeled the new tax law for many clients and we’re finding that it reduces tax rates for almost everyone. We try not to generalize, so remember that the reality still...
