Book on Guide to the New World of Taxes
Laura Saunders, Richard Ruben, & The Wall Street Journal Staff recently published a book entitled, Guide to the New World of Taxes (2018). Provided below is some information about the book:
ABOUT THE OFFER
How much money will you keep in your pocket in 2018? Navigate the biggest tax overhaul in 30 years as The Wall Street Journal brings you this handy e-book that helps you understand what the new tax laws mean for you, your company and the country.
Compiled by trusted WSJ reporters and editors—stay informed on the changes and what families, homeowners, retirees, investors, professionals and small-business owners need to know.
What’s Covered?
The Big Picture
- Tax Rates and Brackets
- Standard Deduction and Personal Exemption
- Child and Dependent Tax Credits
- Withholding
- Taxes on Investment Income
- Alternative Minimum Tax
- Individual Mandate
- Home-Sellers’ Exemption
- The Marriage Penalty
- Estate and Gift Tax
Deductions
- State and Local Tax Deductions
- Mortgage-Interest Deduction
- Charitable-Donation Deductions
- Medical-Expenses Deduction
- Alimony
- Other Deductions
Retirement and Education
- Retirement Savings
- Retiree Tax Issues
- 529 Education Savings Accounts
- Other Education Tax Benefits
For Business Owners
- Pass-Through Income
- Debt Interest Payments
- Depreciation
The Tax Landscape
- Political Path of Tax Overhaul
- The Economic Impact
- What Investors Need to Know
- The Overhaul and Your Industry
ABOUT THE JOURNAL REPORT
You can now purchase a special printing on high-quality paper of The Wall Street Journal “Guide to the New Tax Law” for $8, plus free shipping. The newspaper section is a very popular and timely item-by-item look at the law’s changes, and what they mean for individuals and businesses. To purchase, click here.
Note: The e-book was updated on Feb. 13 to reflect the following correction. The tax overhaul didn’t repeal the deduction for gambling losses on Schedule A. An earlier version of the e-book incorrectly reported the deduction had been repealed.
On Feb. 15, the e-book was updated to reflect the following correction. In a hypothetical example of a person refinancing an existing mortgage of $800,000 for $900,000, with the additional $100,000 taken as cash, the National Association of Realtors said that the person could deduct interest only on $800,000 of the refinancing. In the earlier version, the NAR incorrectly said that none of the interest on the $900,000 refinancing would be deductible.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.) for bringing this article to my attention.