In May of this year, there were some new changes made to the tax law. A new podcast has indicated that the new tax laws can affect your income in 3 key ways.
- The Tax Cuts and Job Acts is going to have a greater impacter on the money you earn through stocks.
- The two areas affected are the withholding tax brackets and the earned income area.
- Tax legislation is not going to have an impact on your equity compensation moving forward. A company’s stock price is going to make the biggest difference.
What does this mean for your tax cuts and the money you invested in stocks?
It is going to have an impact in 5 areas of interest. It is time to take a look! Continue reading “The Tax Laws and How They Affect Your Revenue”