tax

Tax Reform Ready

President Trump and the GOP are celebrating their first major legislative victory.

  Republicans said they’d do it, and they did, successfully overhauling the United States tax code. The bill offers permanent tax cuts for businesses, and smaller, temporary cuts for individual tax rates. Reaction to the reform bill is mirroring how the vote went. Democrats ask how republicans explain adding to the deficit, when the GOP typically favors fiscal conservatism. Republicans…

Passing Tax Reform

A taxing night on Capitol Hill as the tax reform bill bounced from House to Senate and back to the House.

  In another late night Senate vote, the upper chamber passed the tax reform bill down party lines. The House took up the measure earlier on Tuesday in the first round of the congressional volleyball. The bill was immediately sent to the Senate for the final vote, where open debate began once more. The last step of sending the bill…

Tax Plan Trepidations

Trump administration officials are struggling to line up votes for the tax plan.

  It may be a holiday on the hill but Trump administration officials are gearing up for a tight vote on the new tax plan. Several Republican votes have shied away from the plan, unimpressed by what they see for a variety of reasons. Some want bigger breaks for small businesses, and some don’t like the end of the Obamacare…

Tax Plan Presented

President Trump and Republican leaders in Congress unveiled their big tax plan.

    The President and Congressional Republicans pulled the wraps off their tax cut and reform plan, hoping to get it done by December 25th. There would be fewer brackets to follow and the top one would remain at nearly forty percent. The standard deduction goes up, as does the child tax credit.Corporations get a big cut with the tax…

Tax Day 2017: Last minute tips, deals and freebies

Today is Tax Day, but it’s not just a day to pay Uncle Sam. Once you’ve done all that hard tax work, you can treat yourself to a ton of freebies.   Arby’s: Select locations are offering free curly fries on April 18 with no purchase necessary. Make sure to check with your local Arby’s beforehand because this deal is…