Day

March 30, 2018

SO YOU GOT MORE MONEY IN FEBRUARY!

SO YOU GOT MORE MONEY IN FEBRUARY! Caution: The Bump In Your Paycheck May Not Be All Yours! The reason your check was bigger last month is because income tax brackets under the new tax law have changed. That means that the vast majority of American workers are enjoying more money in their pocket this...
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HELOC Interest Deduction

HELOCs INTEREST DEDUCTION

HELOC INTEREST DEDUCTION First They Say You Can’t … and Now They Say You Can … Maybe! The Tax Cuts and Jobs Act (TCJA) passed in the closing days of last year, was apparently quite clear about the treatment of interest paid on home equity lines of credit (HELOC) … its tax deductible status was...
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2018 Tax Law Insights from Pearson & Co. CPAs

NEW TAX LAW AND THE GIG ECONOMY

NEW TAX LAW AND THE GIG ECONOMY Attractions and Aversion for Workers and Employers The 21st Century worker landscape is rapidly gaining altitude in the gig economy sector … that’s the increased motivation and availability by both employers and workers, respectively, to hire and be hired as independent contractors. The percentage of workers that make...
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