Apr
19

The New Tax Code And You – Millennials

As tax time approaches, there are even more questions than usual this year. With the sweeping changes in tax law that passed in December, what used to be deductible might not be anymore, and what used to be taxed might be taxed differently, or not at all, now.

The scariest change for millennials, the removal of the deductions for tuition, student loan interest, and grad student tuition waivers, was removed from the House bill at the last minute, sparing college students from the worst of the tax reform.

But what else does the new tax code have in store, and how will it affect you? Read more…

Written by Top RSS Feeds. Posted in Finance

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