Two years on from the Trump administration's tax overhaul, the changes to the law have kept on coming. With bracket adjustments, standard deduction hikes, and the recent passage of the Secure Act, this year's filings will present new challenges for millions of Americans.
To help you through this year's taxes, The Wall Street Journal brings you an up-to-date version of our handy e-book, which will explain what the current tax laws mean for you, your company and the country. Compiled and updated by trusted WSJ reporters and editors, the new "Your Money 2020: The WSJ Tax Guide" provides key insights on what families, homeowners, retirees, investors, professionals and small-business owners need to know.
Alternatively...one can only hope.
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You're about to lose the cash in this tax-advantaged accountIf you failed to use all the money in your health-care flexible spending account in 2019, you're running out of time to do so. March 15 is the deadline for employees who received a reprieve from their employers. Here's how to best use the money. Those health savings accounts where you lose the money if you don't spend it are ABSOLUTE PROOF of the idiocy of our Congress folk. Takes a bunch of clowns to come up with something so stupid. They really work hard to F over WE THE PEOPLE.
Source: CNBC - 🏆 12. / 72 Read more »
WSJ News Exclusive | Bernie Sanders Aims New Tax Hike at Executive Retirement PlansBernie Sanders, borrowing from a discarded GOP proposal, seeks new limits on stock options and tax advantages inside executives’ retirement plans. To all those young buck supporting Bernie Sanders, have you ever bother asking him how he’s going to get 60 votes in the Senate to pass everything he’s promising My only criticism is that the rates aren't higher.
Source: WSJ - 🏆 98. / 63 Read more »
IRS Statistics Reveal Tax Season Filing Numbers Still Off 2019 PaceTaxpayers still aren’t rushing to file: that’s the initial takeaway from a second set of statistics released by the Internal Revenue Service (IRS). Maybe its cause more ppl are owing now. Who wants to know that you owe the IRS too.
Source: Forbes - 🏆 394. / 53 Read more »
Chinese maker of 'Amazon coat' weathers coronavirus impact with tax breaks, rent waiversOrolay, the maker of the 'Amazon coat' that became a darling of U.S. f...
Source: Reuters - 🏆 2. / 97 Read more »
Money 2020: 5 Tax Filing Tips For 2020Money 2020 brings you smart money moves to put in play this year. Here, how to keep more of your money during tax season—and avoid problems with the IRS.
Source: Forbes - 🏆 394. / 53 Read more »
Widespread Coronavirus Cases Could Tax U.S. HospitalsThe spread of coronavirus world-wide has intensified efforts to prepare for a U.S. outbreak, with hospitals straining to increase capacity to handle an influx of contagious patients and local governments mulling closures. oh stop it! maggieNYT Amazing with only 15 cases.
Source: WSJ - 🏆 98. / 63 Read more »