by briesterer@thinkvisionary.com | Mar 4, 2019 | Newsletter
Four Tax Deductions that Disappeared in 2018 Tax reform eliminated a number of deductions that many taxpayers counted on to reduce their taxable income. Here are four that could affect you. 1. Personal Exemptions Personal exemptions enabled individual taxpayers to...
by briesterer@thinkvisionary.com | Mar 1, 2019 | Newsletter
The Small Business Health Care Tax Credit If you’re a small business owner with fewer than 25 full-time equivalent employees you may be eligible for the small business health care credit. What is the Small Business Health Care Credit? The small business health...
by briesterer@thinkvisionary.com | Feb 28, 2019 | Newsletter
Are Social Security Benefits Taxable? Social Security benefits include monthly retirement, survivor, and disability benefits; they do not include Supplemental Security Income (SSI) payments, which are not taxable. Generally, you pay federal income taxes on your Social...
by briesterer@thinkvisionary.com | Feb 27, 2019 | Newsletter
Is Home Equity Loan Interest still Deductible? The Tax Cuts and Jobs Act has resulted in questions from taxpayers about many tax provisions including whether interest paid on home equity loans is still deductible. The good news is that despite newly-enacted...
by briesterer@thinkvisionary.com | Feb 5, 2019 | Newsletter
Tax Filing Season Begins January 28, 2019, marked the start of this year’s tax filing season, and it’s the first time taxpayers will be filing under the new tax reform laws, most of which became effective in 2018. Complicating matters is a newly revised...
