The most important changes to the tax code in decades have taken effect — and filers are confused. We asked CPAs and other tax-prep pros to simplify things. Source: NYT > Business
Smaller Tax Refunds Surprise Those Expecting More Relief
President Trump’s tax plan promised benefits, but as returns are being filed, some frustrated people are getting smaller refunds, or even writing checks. Source: NYT > Business
Small Businesses Have a New Tax Break, but There Are Many ‘Ifs’
The 2017 tax bill provides a 20 percent deduction for ‘qualified business income.’ But which small businesses are eligible? Source: NYT > Business
your taxes 2019: They’re Rich and They’re Mad About Taxes (Too Low!)
An affluent few are raging against a tax law that puts more money — a lot more — in their pockets. Friends call them ‘traitors to their class.’ Source: NYT > Business
The Government Shutdown Made the I.R.S. Even More Frustrating to Deal With
Fewer taxpayer calls are being answered and wait times are longer, a new report finds. Source: NYT > Business
For Democrats Aiming Taxes at the Superrich, ‘the Moment Belongs to the Bold’
Soak-the-rich plans that seemed politically far-fetched just months ago are getting a full-throttle response from voters. Source: NYT > Business