Tax News Updates & Info Resources

  • Should Congress Repeal Retirement Savings Tax Subsidies To Shore Up Social Security?
  • Conservation Easements Still Cause Consternation
  • SALT Cap Relief For Married Couples Still Favors Wealthier Households
  • Congress May Expand The Low-Income Housing Tax Credit. But Why?
  • The New Child Tax Credit Proposal Versus Old Concerns About Work Incentives
  • Why Is Congress Giving Business Retroactive Tax Breaks?
  • Trump Vows To “Always Protect Social Security” But What Does He Mean?
  • Bipartisan Tax Framework: Low-Income, Wealthy Households Benefit Most
  • Bipartisan CTC Framework Would Help Lowest Income Quintiles
  • Lawmakers Keep Targeting Tax Breaks Of Those They Disagree With  

  • 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)