You may not know it, but there's a chance you are one of the million taxpayers in the U.S. who's not aware that a tax refund exists. Here's how you may get one. Determining and Getting a Tax Refund: Things to Know 1. Existence of Tax Refund The IRS estimates that around $1 billion worth of tax refunds remained unclaimed in 2016. This is because most taxpayers have … [Read more...]
Medical And Recreational Marijuana Stocks And How To Invest In Them
Investor interest in medical and recreational marijuana is starting to grow. Should you join the bandwagon? In this article: What Companies Offer Marijuana Stocks? Which Marijuana Stocks Offer High Risks and Growth? How Can I Invest in Marijuana Stocks? What Should I Watch Out for in Marijuana Stocks? Why Should I Consider Investing in Marijuana Stocks? … [Read more...]
New Tax Reform Act Of 2018 Explained
On December 2017, President Donald Trump signed the new tax reform law called Tax Cuts and Jobs Act. Early on, the Republicans in the House and Senate passed the $1.5 trillion tax bill. The Byrd Rule gave it a different name. It was “an act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018.” It sounds … [Read more...]
What We Learned From The Reagan Tax Cuts Of 1981
Find out how the 1981 Reagan Tax Cuts brought huge dramatic changes to the tax system and economic growth, and see how similar it is to this year's tax reform and how it will affect the taxpayers. What You Need to Know About Reagan Tax Cuts Economic Growth Result of the 1981 Reagan Tax Cuts The Reagan Tax Cut, also known as The Economy Recovery Tax Act of 1981, was huge … [Read more...]
How Business Taxes Are Affected Under New 2018 Tax Law
How exactly are business taxes affected by the Tax Cuts and Jobs Act (TCJA)? Below are some significant changes affecting business taxes since the implementation of this new law. In this article: Pass-through Income Deduction Rate Flat Tax Rate for Corporations Business Meals and Entertainment Expenses Depreciation Deductions Business Loan Interest Net … [Read more...]
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