Title: The Trump Tax Cut Pdf Your Personal Guide to the New Tax Law
Author: Eva Rosenberg
Published Date: 2018-12-18
Page: 288
Eva Rosenberg, BA, EA, (Northridge, CA) known as the Internet’s TaxMama®, publishes the popular TaxMama®.com website, cited by Consumer Reports magazine as a top tax advice site, and a LIFE Magazine Editors Pick. Dean of TaxMama®’s Online Enrolled Agent Review Course, Eva is training a new breed of tax professionals to pass the annual Internal Revenue Service license examinations. TaxMama®’s tax professionals learn to understand and serve small businesses and accounting firms. Find TaxMama’s® columns at MarketWatch.com and Equifax.com. Eva Rosenberg is regularly featured in publications as diverse as The Wall Street Journal and U.S. News & World Report to Rolling Stone and Women’s Day. TaxMama® is the author of Small Business Taxes Made Easy, named one of the best tax books of 2005 by Entrepreneur Magazine and silver medal winner of the 2011 Axiom Business Awards.
President Trump’s tax cut reduced taxes by $5 trillion. Now The Trump Tax Cut shows how you can benefit from hundreds of deductions, loopholes and tax secrets. You’ll also read about the “Trump Tax Loophole” that can slash your personal taxes by an additional 20% instantly! That’s if you qualify — and many Americans do. Find more than 200 deductions, write-offs and legal loopholes, including:
- The ALL-NEW change that will instantly help 70% of Americans! Chapter 1 explains how easy it is to cash in.
- Buy a new car up to $40,000 and write it off immediately! See Chapter 2.
- All NEW! Big changes for medical expenses!
- 3 deductions that usually slip right past the IRS. This is Tip #1 for a reason!
- Get the government to help pay your energy bill. Tip #30 is HUGE!
- The most overlooked tax deduction — many accountants don’t even know Tip #5.
- How you can still deduct the mortgage interest on TWO homes! Tip #12.
- ALL NEW! Take $10,000 of distributions from 529s to help cover the cost of home schooling. Tip 184 is a godsend.
- A better way to save for college. Tip #168 could help millions.
- 13 tax no-nos that could trigger an audit. The full list and explanations are yours in chapter 12.
- And 200+ more tips, loopholes and deductions!
- PLUS: 5 Best States to Live in Under the New Law!
Newsmax says "If you want to pay zero taxes, get The Trump Tax Cut. It’s possible!"
GARBAGE BOOK Aside from numerous spelling errors, this book doe not provide what it says. In advertisements and on the back cover it clearly hypes Trump's "Tax Loophole" and says "This guide explains the new loophole and how taxpayers like you can save billions in taxes." THE LOOPHOLE IS NOT MENTIONED OR EXPLAINED ANYWHERE IN THE BOOK!!It claims that you can buy a new car up to $40,000 and write it off immediately. THIS ONLY APPLIES IF YOU ARE A BUSINESS!!!Chapter 7 Medical Deductions lead-in says that the newer 7.5% threshold for medical expenses "means "fewer" taxpayers will qualify for medical deductions" than were under the previous 10% threshold??? Before, your medical expenses had to exceed 10% to deduct them and now only have to exceed 7.5% -- I don't get it!Most of the information that is correct is presented in the IRS guideline that comes with your tax return for free.Save your money.Tax Professionals You Need This Book As A Resource! As an, Enrolled Agent, having this book is one of the best decisions I made for this upcoming tax seasons. The tax law changes that happened is one of the biggest changes in tax history. Eva simplifies the tax code by giving you 249 tips! Buy this book today. If you are even considering doing your own taxes, better not do that until you get this book.Just another scam What a joke, don’t waste your money.
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