The 2018 Form 1040 was the first tax return filed with the changes enacted by the GOP Tax Act. Many taxpayers were surprised, and some shocked, with the bottom line of their 2018 federal tax returns.
In “Dealing With The GOP Tax Act” I explain the differences between the new law of the GOP Tax Act and the “old” tax law and discuss what you can do in 2019 to pay the absolute least federal income tax possible under the new tax law and avoid surprise and shock when preparing your 2020 tax return next year.
I also explain the new limited itemized deduction for mortgage interest and provide special worksheets for keeping separate track of acquisition debt and home equity debt – very, very important now – with a detailed example.
I will send this 12-page special report as an email “pdf” attachment for only $2.00. You can receive a print copy via postal mail for $3.50.
Send your check or money order for $2.00 or $3.50, payable to TAXES AND ACCOUNTING, INCORPORATED, and your email or postal address to –
TAXES AND ACCOUNTING, INC
DEALING WITH THE GOP TAX ACT
POST OFFICE BOX A
HAWLEY PA 18428