In December 2017, the U.S. Congress passed a comprehensive piece of tax legislation known as the Tax Cuts and Jobs Act (TCJA). This reform introduced […]
Tax Cuts and Jobs Act
How to Legally Claim Tax Deductions for Family Members as a Non-Resident Alien
The Tax Cuts and Jobs Act of 2017 made significant changes to the U.S. tax system. One of the most notable changes was the elimination […]
Homeowners’ Guide to Mortgage Deductions Under the New Tax Code
In late 2017, a landmark piece of legislation transformed the federal tax landscape in the United States. Known widely as the Tax Cuts and Jobs […]
Deductible vs. Non-Deductible Moving Expenses: A Comprehensive Taxpayer’s Guide
Since the implementation of the Tax Cuts and Jobs Act (TCJA) in December 2017, the landscape of deductible moving expenses has changed dramatically for most […]
Tax Benefits of Claiming Dependents: Who You Can Include and Why
For many taxpayers, claiming dependents has long been a crucial part of reducing taxable income. While the Tax Cuts and Jobs Act eliminated personal and […]
Eliminated Tax Breaks for 2018: What You Should Know
The 2018 tax reform, officially known as the Tax Cuts and Jobs Act (TCJA), brought significant changes to individual and business tax laws. One of […]
Medical Expense Deductions: What’s Different After Tax Reform
The medical expense deduction has long been a valuable tax benefit for individuals who incur high out-of-pocket healthcare costs. However, the landscape for this deduction […]
Unreimbursed Job Expenses and the Tax Reform: What Employees Need to Know
Before major changes were introduced through tax reform, traditional employees could claim certain unreimbursed job expenses as deductions on their federal income tax return. These […]