This post can be found en Español here. Updated Dec. 22, 2017: Today the President signed the tax reform bill into law. Remember for most people, the bill doesn’t affect their taxes for 2017 (the ones they file in 2018). ...
Updated Dec. 15, 2017: Today Congress finalized the Tax Cuts and Jobs Act tax reform bill. The bill will now go to vote by the House followed by the Senate. This is expected to happen early next week. The bill...
At tax time, one of the forms that you might run into is the 1099 Form. The IRS uses this form to distinguish different types of income that may not come to you as part of a regular job. When...
After months of waiting, Congress finally agreed to raise the 14.3 trillion debt ceiling and reduce federal spending, instantly giving the Treasury 400 billion additional borrowing power.