The adventures & musings of an Enrolled Agent representing clients in Tax Controversy cases at the Neighborhood Christian legal clinic - Low Income Taxpayer Clinic.

Indianapolis, Indiana

Will I get a refund on my 2018 tax return because of tax reform?

Will I get a refund on my 2018 tax return because of tax reform?

What is tax reform? Major tax reform that affects both individuals and businesses was enacted in December 2017. It’s commonly referred to as the Tax Cuts and Jobs Act, TCJA or tax reform. What changed? For 2018, most tax rates have been reduced. This means most people will pay less tax starting this year. TheRead more about Will I get a refund on my 2018 tax return because of tax reform?[…]

The President’s Tax Reform Plan

The President’s Tax Reform Plan

“Sooner or later, everything old is new again.” ― Stephen King, The Colorado Kid One hundred, fifty-six years ago (as of July, 2017), the nation’s first income tax, the revenue act of 1861, was signed into law in the United States. Needed to pay off Federal debt, and to support the burgeoning Union war effort,Read more about The President’s Tax Reform Plan[…]