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2018 Taxes and Money

Feb 11, 2018

Brian Martin and Amanda Dickson sit down with Susan Speirs, a CPA and board member of the Utah Association of Certified Public Accountants or UACPA, and Shane Stewart, a Certified Financial Planner with Deseret Mutual Benefit Administrators or DMBA, to find out what changes in tax law you need to know in 2018 before you file your 2017 IRS returns. This is their full conversation, which we're going to be distributing over the next few weeks on Utah's Morning News on KSL Newsradio. 

Included in this conversation: 

  • the adjustments you need to make NOW to your W4 withholding to avoid problems in 2019 
  • what standards your home office needs to meet in order to qualify for deductions under the Internal Revenue Service 
  • what the Roth IRA does to help the government increase its short term tax revenue, and what benefits there are for you when it comes to tax-free retirement contributions 
  • what some of the basic standards are for deducting retirement contributions on your income tax return
  • whether you really need to consider hiring a professional to prepare your taxes 
  • changes in tax code you need to know
  • where the controversial health care mandate stands now that Congress has made changes to the Affordable Care Act, or Obamacare

2018 Taxes and Money is powered by UACPA, the Utah Association of Certified Public Accountants