4 Ways the New Tax Changes Affect Your Finances
by Marguerita M. Cheng, CFP®, CEO, Blue Ocean Global Wealth
Jan 24, 2018
3 minutes
As hectic as December tends to be, with holiday travel, festivities and year-end deadlines, you may not have had time to sort out what the new tax law really means for your situation. Now that you have put away the holiday decorations and you're back to a regular routine, with the kids back to school, it's time to plan for the new reality.
Many people rushed to take advantage of the time between Christmas and New Year's to increase charitable contributions, prepay property taxes and accelerate business expenses to take advantage of deductions that will be significantly reduced or
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