Guys/Gals, let's put some insight on the new tax bill that is most likely going to pass this weekend. What are the advantages and disadvantages? Still, don't know how it is going to help a medium class family that makes around 300K a year. Need to wait until next year to see how it helps a middle-class family.
GOP members were talking about taxing education benefits from an employer. Did it make the final bill? Is mortgage interest deduction in tax up to 750K property applies only to a personal house or also for an investment property?
Family/person who makes 300K a year is not middle class family.
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