tax reform

CBS This Morning - Extra Money Under New Tax Plan

With the new tax plan now in effect, Americans at most income levels will eventually get some relief. I joined CBS This Morning to discuss what to do with that extra money every month and why you shouldn't count on getting the same tax refund next year.

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Ep. 051 - Tax Reform and What it Means for You

Big changes are coming to the U.S. tax code, but how will it impact YOUR bottom line?

This week we’re doing something a bit different. No guest! Just me diving deep and offering up my two cents on the GOP’s plan to remake the tax system for the first time in over three decades.

Given the historic nature of the event, I wanted to break it down and mull over some of these questions:

  • What will change for most Americans?
  • How does geography play into the calculation?
  • What happens to homeowners?
  • How will corporations deploy their tax windfalls?
  • What will the near term and long term economic impact of this reform be?

Thanks for allowing me to hog the mic and rant! Depending on how it goes, you may be hearing a bit more of that in 2018!

“Better Off” is sponsored by Betterment.

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What’s in the Final GOP Tax Bill

What’s in the Final GOP Tax Bill

Late Friday, the GOP released its final tax bill, which is expected to pass both chambers of Congress this week. Here’s what made it in—as previously noted: how it impacts your bottom line depends on how much you earn, how you earn it, where you live and the size of your family. To see a rough estimate of its impact, check out this Wall Street Journal tax plan calculator.