Reynolds new flat tax, POTUS ending income tax? What do we do?
Governor Reynolds announced a new flat tax rate for Iowans, hitting her target 1 year early. While it sounds great to save money on taxes, does this change anything for Iowans? Alec Epkes of Protego Advisors explains there are "levers" you can pull in January to impact your tax burden that can't be pulled in December.
Epkes explains the President's proposed extension of The Tax Cuts and Jobs Act (TCJA), explains why social security checks are taxed, and breaks down the changes for Iowans. He also explains how to handle itemized deductions. What does that even mean?
Hear the full show…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.