Tag Archives: PLUS

PL 115-97 (Tax Cuts & Jobs Act, sic)

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We really needed tax reform.  Instead we got HR-1, absurdly labeled as the Tax Cuts and Jobs Act, plus the Senate version of that same  bill,.  As I promised, they wouldn’t be passed as proposed (that would have been EVEN worse, they have been reconciled.   And , TheDonald has signed the final version, so it’s the law of the land.   PL 115-97.

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Simpler Taxes Are Not Always Better

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Another change in the tax situation for 2013…

Many folks are afraid to claim their duly earned home office deduction, because they fear they will be audited. About 3.5 million folks used this deduction in the past years- which is a lot lower than the number of folks who maintained a home office.  (NASE- the National Association for the Self Employed- did a survey in 2008 and found more than 60% of those entitled never took this deduction.)

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