Tax News Updates & Info Resources

  • James Mirrlees, A Public Finance Giant
  • Despite the Tax Cuts and Jobs Act, the Federal Tax System is Becoming More Progressive Over Time
  • OMB Review Of Tax Regulations: A ‘Dispassionate Second Opinion’ Or Needless Sand In The Gears?
  • Extending The TCJA Would Cut Revenue By $3.8 Trillion Through 2038, Mostly Benefit The Well-Off
  • Amazon Isn’t A Bad Employer, But Stop-BEZOS Is A Bad Bill
  • Treasury Should Review IRA Minimum Distribution Tables But Changes Would Help Few Seniors
  • Individuals Pay Very Little Individual Income Tax on Capital Income
  • The TCJA Is Increasing The Share Of Households Paying No Federal Income Tax
  • School Days, School Funding Haze
  • Don’t Look Now, But States Already Are Requiring Online Sellers To Collect Sales Taxes

  • 2018 NEW TAX LAW UPDATE: Tax Cuts & Jobs Act (“TCJA”)

    Tax Cuts Jobs Act Update – Jan 18, 2018 (by Bryant)
    The Tax Adviser Article for Individuals
    Qualified Business Deduction explained

    Tax Related Links & Resources:

    Internal Revenue Service
    Minnesota Department of Revenue
    The Simple Dollar: A good web site with Tax Calculations, Forms and Info
    Tax Almanac
    Tax Policy Center
    Tax News & Commentary
    Government Accountability Office
    Research Revenue Rulings & Cases
    What Factors Determine Minnesota Residency ? (.pdf
    Minnesota 529 College Savings Plan – Online Setup & Management

    Resource Documents & Files; Financial & Estate Planning:

    Gift Tax & Estate Tax Issues & Planning
    Rule of 72 (pdf)
    Time Value of Money for Retirement (.pdf)
    “Good Interest” & 30-year vs 15-Year Mortgages (.pdf)
    Family Limited Partnerships – An Overview (pdf)
    Deferred Tax – IRC Sec 1031 Exchange (pdf)
    Common Law Marriage Questions – Minnesota (.pdf)

    Marriage Planning: Tax & Economics (pdf)
    The “Stealth Tax” – The Alternative Minimum Tax (.pdf)
    Depreciation Tables & Asset Class Life (pdf)

    1031 Tax Deferred Exchanges – Benefits & Procedures

     

    Network Investments & Real Estate Services

    Tax vs Cash Consequences on the Sale of Depreciated Investment Property that is Highly Debt Leveraged (Short Sales & Foreclosure).

    Cash vs Tax Consequences (Sale of Duplex & High Debt) (pdf)
    Cash vs Tax Consequences – Worksheets (Cash Shortfalls & Foreclosure) (pdf)