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Archive for January 5th, 2018


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Taxoholism


Friday January 5th, 2018   •   Posted by K. Lloyd Billingsley at 3:39pm PST   •   2 Comments

The recently passed federal tax bill lowers the corporate rate from 35 to 21 percent, reduces rates in five of the seven tax brackets, and according to the New York Times will cut taxes for about 75 percent of filers in 2018. The bill also caps the amount of state taxes filers can deduct on their federal…
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