A Republican-led Congress just made the biggest changes to the U.S. tax system in over 30 years with the passing of a new tax bill. With this and every other thing that comes out of Washington these days, the knee-jerk reaction is to turn to politically-charged arguments over decisions our representatives have made.
But with such a huge change, it’s more important right now to understand exactly how these changes affect you and your tax situation. Because whether you like the new tax bill or hate it, it’s your responsibility to pay as little tax as legally possible. [Read more…]