Mondale insisted his tax hikes would target the wealthy and Reagan’s wouldn’t. It didn’t matter. In the election, Reagan got 525 electoral votes. Mondale got 13. He lost the popular vote by 18 million.
— Read on www.taxpolicycenter.org/taxvox/democrats-love-big-tax-hikes-might-do-well-remember-walter-mondale
The Tax Cuts and Jobs Act of 2017 (TCJA) ushered in big changes that significantly affected many taxpayers’ 2018 returns. By contrast, 2019 tax changes are subtle, mostly reflecting inflation adjustments to exemptions and tax brackets.
Still, the cutoffs for specific rates and exemptions may affect your final investment decisions for 2019. Here are nine things to keep in mind as you prepare to file your 2019 taxes.
— Read on www.schwab.com/resource-center/insights/content/taxes-9-things-to-know-now
Retirees preparing to file their taxes for this year should be aware of a number of common pitfalls, often-overlooked deductions, and changes that stem from the tax overhaul two years ago.
— Read on www.barrons.com/articles/retiree-taxes-pitfalls-overlooked-deductions-social-security-withholding-51572696002
Just three months remain in 2019. To shore up your money situation, consider these timely seasonal tips dealing with taxes, savings and more.
— Read on www.usatoday.com/story/money/2019/09/29/financial-tips-year-end-financial-planning-fall/3812068002/