Incompetence In Congress!! A Bi-Partisan Mess

The budget bill congress passed last night put in place significant changes to the rules and forms for 2017 returns. In mid February 2018 they changed the rules for 2017 tax returns!!!

We now have to go back and see what returns we have already filed for clients will be affected by this bill. The IRS is going to have to stop processing returns and reprogram their computers and revise the 2017 forms. Who knows how long that will take????

Are there any adults working in Washington DC right now????

要查看或添加评论,请登录

Leon Taylor的更多文章

  • Santa Has Had A Pilots License Since 1927

    Santa Has Had A Pilots License Since 1927

    This week's Santa Fact. Here we have Santa receiving his official pilot's license in the winter of 1927.

  • Saint Nicholas

    Saint Nicholas

    From Wikipedia. "Because of the many miracles attributed to his intercession, he is also known as Nicholas the…

  • Rent Or Buy?

    Rent Or Buy?

    Excellent article on a very timely subject. https://www.

  • How Not To Market On LinkedIn

    How Not To Market On LinkedIn

    Below is an actual message I got this morning when I opened LinkedIn. I redacted the details to protect the innocent.

  • If You Waited Until The Last Minute...

    If You Waited Until The Last Minute...

    Here is the link for the IRS extension:https://www.irs.

  • IRA vs 401(k)

    IRA vs 401(k)

    IRAs in most cases offer greater flexibility in investment choices than 401(k)s. However it is important to remember…

  • Tax Cuts and Jobs Act: Key provisions affecting individuals

    Tax Cuts and Jobs Act: Key provisions affecting individuals

    On December 20, Congress completed passage of the Tax Cuts and Jobs Act. The new law means substantial changes for…

  • Don't Forget To Increase 401(k) Contributions With The New Year

    Don't Forget To Increase 401(k) Contributions With The New Year

    The tax reform proposal left 401(k) tax savings mostly untouched. As you go into the new year keep these savings in…

  • KICKER CORRECTION!!!!

    KICKER CORRECTION!!!!

    On October 19, the Oregon Office of Economic Analysis issued a corrected announcement. The surplus refund (kicker) rate…

  • There Will Be An Oregon Kicker For 2017

    There Will Be An Oregon Kicker For 2017

    On October 1, the Oregon Office of Economic Analysis announced that the surplus refund (kicker) rate is 6.3 percent.

社区洞察

其他会员也浏览了