IRS Issues New Safe-Harbor Rule for Real Estate

IRS Issues New Safe-Harbor Rule for Real Estate

Section 199A of the recently passed Tax Cuts and Job Act (TCJA) establishes a new rule for deducting up to 20% of qualified business income for self-employed individuals. This news has the potential to significantly lower tax liability for self-employed individuals...
New FICO Calculation Could Improve Your Credit Score

New FICO Calculation Could Improve Your Credit Score

Good news, low credit holders. The Fair Isaac Corporation (FICO) has announced the coming of their new credit score calculation method, iconically named UltraFICO, for this spring. While traditional credit scores are based off of payment history – a high score...
All About California’s New Salary Ban

All About California’s New Salary Ban

California has a new salary history ban and for some state employers, the specifics can be a little confusing. Established in late 2017 with the intention of eliminating previous wage bias in the workplace, according to the California Labor Code section 432.2, under...
U.S. and China Near Deal That Could End Most U.S. Tariffs

U.S. and China Near Deal That Could End Most U.S. Tariffs

The U.S. and China are close to a trade deal according to a recent Bloomberg article. Here is what the author had to say on this very important topic: The pending deal that could lift most or all U.S. tariffs as long as Beijing follows through on pledges ranging from...

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