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There’s been a lot of buzz about the new tax reform bill this year. Change is always hard, and taxes are harder. And with all the changes taking place this year, the thought of filing your taxes can feel overwhelming at best. While most of these changes should simplify the process, a lot of people are wondering how this reform will impact them and their bank accounts.
The good news is there are some nice things in store for most people with the tax reform. Let’s walk through a few you should know before filing your taxes.
“Mista ...mista, you okay?” Those were the first and only words I heard coming through the bluesy fog of a dreamlike sleep. But my nightmare had just begun.
The music at the bar had been loud, so loud you could hardly hear the person talking to you. Was I still at the bar? Did I pass out? But there was no music and I was on my back. I was outside, cold, there was rain on my face.
“Mista, help is comin’, just lay still ..you be okay.”
Huh, wait a minute ...where am I? Oh, s**t, no, this didn’t happen ...oh, my God!
Most people vow to adopt healthier habits in the new year. For many that includes eating a healthier diet. Even if you rang in the new year with too much champagne and celebration, you can turn over a new leaf starting on day one of 2019. But why do it all alone? Instead, call up your friends and host a healthy New Year's Day brunch party to start the year off right.
Manila -- Plenty of waters close to your home will provide great ice fishing this winter. Those waters might draw lots of anglers, though.
If you’re looking for some space, consider a trip to Flaming Gorge Reservoir. In addition to great fishing and room to stretch, the reservoir is surrounded by spectacular scenery. And starting Jan. 1, the lake trout limit at the reservoir will increase to 12 lake trout a day. Only one the lake trout can be over 28 inches, though.
My mom is 75, and I’m the executor of her estate. She has $500,000 in retirement accounts, and the only debt she has is around $70,000 on her mortgage. Most of her money is in the stock market, with only $20,000 in a money market account, and this worries me. She lives well within her means, so am I wrong to be concerned? Also, do you think she should go ahead and pay off her mortgage?
Keith
Dear Keith,
Yes, I would recommend she go ahead a pay off the mortgage. If she can do that at age 75, and still have $430,000 left, that’s the way to go.
The federal government desperately needs to diet. Much of our spending is constitutionally dubious and it is immoral to pass our national debt, now exceeding $21 trillion, to our yet unborn children. We need to return to constitutional limits to govern the distribution of our taxes.
