In April 2020, most states are under a stay-at-home order due to the coronavirus pandemic. As a result, millions of people have become unemployed overnight. Even if you still have your job, things may feel pretty uncertain. The stock market…
Karen Chan Financial Education & Consulting, LLC
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There are lots of moving parts to the new tax law, making it difficult to know how it will affect you beginning in 2018. In three posts that I wrote for University of Illinois Extension’s Plan Well – Retire Well blog, I explain these changes.
- To see how your 2018 return will compare to your 2017, Check this head-to-head, line-by-line comparison of your 2017 and 2018 tax returns
- To understand how the changes will affect you, you need to know something about Tax Rates
- Other changes include Inflation Adjustments, IRAs, 529 Plans, ABLE Accounts, Student Loans, & Estate Tax
