Barry G. Fowler, EA, leading expert in tax resolution issues and CEO of Taxation Solutions helps readers get a jump on next year’s tax filing season by reminding them of some of the changes they will be experiencing for the first time.
Houston, TX – May 10, 2018 – Barry G. Fowler, CEO of Taxation Solutions, posted a new blog on the company website entitled “Out With The Old In With The Changes For Next Tax Season.” Mr. Fowler isn’t letting any grass grow under his feet or those of his readers. Even though the 2017 tax filing season just ended, Fowler is planting seeds for the next season .
“We are pretty much finished with the 2017 tax filing season,” writes Fowler. He adds, “With the end of this season we also see the end of tax laws as they have been for decades. Now we have to look ahead and make sure there won’t be any unpleasant surprises and taxpayers will be subject to the new laws.”
Fowler states, “If you are planning on a divorce this year, you’ll want to review the new rulings.” He also says, “If you’re buying a new home, again, you’ll want to make sure you are clear about whether or not you can write off the interest on your loan.”
Fowler has, “put together a quick review of some of the more relevant changes, so keep them in mind as you go through the year.”
According to Fowler, “One of the biggest changes to the tax law is that there were 7 new rate brackets created that will extend into 2025: 10%, 12%, 22%, 24%, 32%, 35% and 37%.”
The entire blog can be read at http://www.taxationsolutions.net/out-with-the-old-in-with-the-changes-for-next-tax-season/
About Barry G. Fowler, EA
Barry G. Fowler founded Taxation Solutions out of a genuine concern for the IRS issues his clients face, many of whom are self-employed, contract employees, or entrepreneurs. For his contributions to his profession and expertise in tax resolution and financial planning, Fowler has been featured as one of America’s Trendsetters on CBS and Yahoo, and as a Premier Expert in Inc. Magazine. He has been instrumental in helping hundreds of people resolve complex tax issues with the IRS.
Fowler is licensed to represent taxpayers before the Internal Revenue Service, and is a longstanding member of several tax industry professional organizations: NAEA, NATP, TSEA, ASTPS.