• Americans are about to lose a tax deduction worth over $500 billion every year - here's what to do now before Trump's tax plan goes into effect

    9 monthes ago - By Business Insider

    President Donald Trump's tax plan could go into effect as early as January 1, 2018, if Republicans manage to pass their final tax reform bill.
    Ahead of the looming changes, taxpayers can make end-of-year tax moves now, such as pre-paying their property taxes for next year.
    If your property tax bill is greater than $10,000, you'll be able to deduct more by paying next year's bill early.
    It looks like the Republican tax plan might actually be passed before the end of the year.
    For taxpayers who itemize their deductions, that could mean an increased tax bill in 2018. But there are some things...
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  • GOP Lawmakers Agree On Final Tax Package, Hatch Says

    GOP Lawmakers Agree On Final Tax Package, Hatch Says

    9 monthes ago - By NPR

    Senate Finance Committee chairman Orrin Hatch, R-Utah, says House and Senate Republicans have agreed on a final tax bill. GOP leaders aim to pass it next week.
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  • Congress secures tax deal, Trump backs 21-percent corporate rate

    Congress secures tax deal, Trump backs 21-percent corporate rate

    9 monthes ago - By Reuters

    WASHINGTON - Congressional Republicans have reached a deal on final tax legislation, the U.S. Senate's top Republican tax writer said on Wednesday, with President Donald Trump saying he would back a sharply lowered corporate tax rate of 21 percent.
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  • Republicans Say They Have a Deal on Tax Bill

    9 monthes ago - By NY Times

    House and Senate negotiators reach agreement, appear on track to send bill to President Trump by Christmas
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  • Republicans are moving ahead with tax reform - here's how your tax bracket could change in 2018

    Republicans are moving ahead with tax reform - here's how your tax bracket could change in 2018

    9 monthes ago - By Business Insider

    Income tax brackets will change in 2018 if tax legislation is passed under President Donald Trump.
    The Republican tax plan proposes keeping seven tax brackets, but changes the income ranges.
    The bill proposes eliminating the personal exemption and increasing the standard deduction.
    Republican leaders on Wednesday reached an agreement on their final tax bill .
    The official text of the bill, the Tax Cuts and Jobs Act, has not yet been released and would still need to be evaluated by congressional scorekeepers like the Joint Committee on Taxation.
    But Republican leaders say they are aiming to...
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  • The Latest: Trump praises deal on GOP tax cuts

    The Latest: Trump praises deal on GOP tax cuts

    9 monthes ago - By Stl Today

    WASHINGTON - The Latest on the Republican tax overhaul :
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  • Senate secures tax deal, Trump backs 21-percent corporate rate

    9 monthes ago - By Reuters

    WASHINGTON - Congressional Republicans have reached a deal on final tax legislation, the top Senate Republican tax writer said on Wednesday, with President Donald Trump saying minutes later he would back a corporate tax rate of 21 percent.
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  • Republicans have a final deal on their tax bill - here's what's in it

    Republicans have a final deal on their tax bill - here's what's in it

    9 monthes ago - By Business Insider

    House and Senate Republicans have come to a preliminary final agreement on their compromise tax bill.
    The compromise bill would cut the corporate tax rate to 21% - instead of 20% in the original bills, but still much lower than the current 35% rate.
    The bill would also lower the top individual tax rate to 37% from the current 39.6%, a more generous cut than the Senate bill proposed originally.
    Republican leaders on Wednesday reached an agreement on their final tax bill, paving the way for a federal tax code overhaul by Christmas.
    Republicans are moving with full speed to pass the tax...
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  • Republicans reach deal on final tax legislation

    9 monthes ago - By Reuters

    WASHINGTON - Congressional Republicans have reached a deal on final tax legislation, the top Senate Republican tax writer said on Wednesday, an achievement that would clear the way for final votes in the Senate and House of Representatives next week.
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  • AP sources: House, Senate leaders reach deal on tax package

    AP sources: House, Senate leaders reach deal on tax package

    9 monthes ago - By Stl Today

    WASHINGTON - House and Senate GOP leaders forged an agreement Wednesday on a sweeping overhaul of the nation's tax laws, paving the way for final votes next week to slash taxes for businesses and give many Americans modest tax...
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  • 5 things small business owners should know about tax bills

    9 monthes ago - By Stl Today

    NEW YORK - Some small business owners may pay lower taxes under the Republican tax overhaul, but accountants and consultants will want to read the fine print carefully - once the details are finally settled. And some owners may...
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  • The Latest: Sources say deal reached on tax overhaul

    The Latest: Sources say deal reached on tax overhaul

    9 monthes ago - By Stl Today

    WASHINGTON - The Latest on the Republican tax overhaul :
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  • Republicans rush to nail down tax deal as Trump readies final push

    9 monthes ago - By Reuters

    WASHINGTON - Congressional Republicans scrambled on Wednesday to hammer out a final tax bill, as U.S. President Donald Trump prepared to make his closing arguments in a speech promoting the party's plan to slash taxes for corporations and wealthy Americans.
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