Tax News Updates & Info Resources

  • Why Aren’t Kids A Higher Priority For Congress?
  • The FTX Debacle Could Alter the Crypto Policy Landscape
  • How Can the US Meet its Paris Climate Goals?
  • What Will The Mid-Term Election Mean For Tax Policy?
  • Lessons From the 2022 State Ballot Measures
  • The Supreme Court Reviews Penalties For Running Afoul Of FBAR Law
  • IRA and 401(k) Contribution Limits Are Increasing. That’s Great News If You Are Rich
  • A Marshmallow By Any Other Name Is Just As Sweet, But Maybe Not Taxable
  • TPC: The Number Of Those Who Don’t Pay Federal Income Tax Drops To Pre-Pandemic Levels
  • Politicians Are Arguing Again About Social Security. That’s Good

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

    The Tax Adviser Article for Individuals
    Qualified Business Deduction explained

    Tax Cuts Jobs Act Update_Dec_13_2018

    TCJA_2018_MFJ_Example

    TCJA_2018_Single_Example

    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)