The NEW 2018 Tax Withholding Calculator

The IRS urges high-income taxpayers and those with complex tax returns to complete a “paycheck checkup.” Doing so will help them see if they are having the correct amount of taxes withheld from their paychecks for the rest of this year. The IRS Withholding Calculator  and Publication 505, Tax Withholding and Estimated Tax, can help these taxpayers do[…]

Most Common Tax Question – What Has Not Changed?

(Source: ObliviousInvestor.com) Here’s a non-exhaustive list of things that are essentially unchanged as a result of the new law. (I say “essentially” unchanged, because many of these deductions/credits/etc. involve dollar amounts that are inflation-adjusted each year. And, going forward, they will be adjusted based on chained CPI-U rather than CPI-U.) The calculation that determines how much of your Social Security[…]