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The tax reform package that became law late last year had substantial impacts on American taxpayers. Major changes to the standard deduction, various credits and itemized deduction provisions, and individual tax rates left many people confused about whether they’d end up …

Though high-income retirees are looking forward to lower taxes once they’ve exited the workplace, they can still expect to pay stealth taxes in the form of Social Security income levies and higher Medicare premiums. Their tax bracket may go from …

The answer depends on a few factors. Specifically, what type of account are the stocks in, how much will you profit from the sale, how long have you owned them, and did they pay you any dividends before you sold …

It’s clear that FASB’s new revenue recognition standard might not be first choice for private company’s finance. The standard takes effect for private companies for annual reporting periods beginning after Dec. 15, 2018, and interim periods within fiscal years beginning …