there’s one change on the horizon that could really shake things up for LLC owners: the Tax Cuts and Jobs Act (TCJA) is set to expire at the end of 2025. While this won’t affect the taxes you file in 2025, it will have major implications for next year if it’s allowed...
February 24, 2025 – Jim Puplava and tax expert Dan Pilla discuss the potential extension of the Tax Cuts and Jobs Act (TCJA), emphasizing its benefits for the middle class, like lower tax rates and the Qualified Business Income Deduction. They warn that its 2026 expiration would rais...
Individual TCJA Changes Although the business changes were significant, for pass-through entities, the net result of those changes end up on the individual tax return of the Franchise. And the individual tax return saw some major revisions with TCJA as well. And because taxes are remitted with...
Form W-4 was changed in December 2020 under the terms of theTax Cuts and Jobs Act (TCJA)that went into effect at the end of 2017. The TCJA eliminated the personal exemptions that taxpayers used to be able to claim for themselves, their spouses, and their dependents.8 What If I Want t...
Kitces further noted that TCJA makes systematic partial Roth conversions messier, though not impossible. So, should you consider recharacterizing your Roth IRA now before year end if it makes sense? "Yes," said Levine. "One hundred percent, my thoughts. I have seen some articles from peopl...
Veteran fund manager sees world of pain coming for stocks Read More TaxesStocksInvestingBondsEstate PlanningFinancial PlanningPoliticsInvestment StrategyStock MarketEstate Taxes By Caitlin Cahalan Caitlin Cahalan is a Personal Finance Writer at TheStreet, covering retirement planning, homeownership, personal fi...
5 Things Amazon Is Doing Differently -- and Mostly Better -- This Holiday Season 25 Great Holiday Beers For Your Winter Fridge Tax TipsPersonal FinanceTaxes By Robert Powell Follow Retirementpedia TheStreet Daily Newsletter Sign up today for our free newsletter and you'll receive an ex...