Could Trump’s Policies Wipe Out Tax Cut Benefits?

By ||Categories: Tax Plans, Taxes|

The recently passed Tax Cuts and Jobs Act was, according to its writers, designed to stimulate the economy. The Trump administration has championed the bill, saying that it will create economic growth of 3% per year, higher than the recent average of 2.3% a year. However, some economic analysts are lamenting other Trump policies, like tariffs [...]

“Google and Apple Taxes” are Being Considered by These California Cities

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A new “Amazon tax” has recently passed in Seattle, which has some cities in California’s Silicon Valley considering a similar tax of their own. The city councils in Mountain View, which is home to Google, and Cupertino, which is home to Apple, are said to be considering imposing similar taxes. Seattle’s new “Amazon tax” is also [...]

Here’s How You Can Have a Tax-Free Retirement According to the IRS

By ||Categories: Taxes, Tips|

When thinking of retirement, many people don’t consider that the money in their 401(k) or IRA will be taxed. They also don’t consider the tax rate for these plans in the future. Many analysts believe that tax rates are very likely to go up over time. This likely increase is due to the currently rising national [...]

The US Crypto Tax Policy

By ||Categories: Cryptocurrency, Taxes|

The subject of cryptocurrency taxes has been hotly debated leading up to this year’s tax deadline. Cryptocurrency was created to be a new, ultra-secure form of currency. However, the IRS does not recognize cryptocurrency as currency— instead, they’ve classified it as a property (to the great ire of many cryptocurrency enthusiasts). Because cryptocurrency is classified as [...]