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Detailed text transcripts for TV channel - CNN - 20171223:16:38:00

17th. that tax return is for 2017, so when do the new rules kick in? january 1st. that will affect your 2018 tax returns, which you will file in april 2019, not april this year, april 2019. but ivanka trump also mentioned relief in february. that s true. that s when the irs will start to adjust taxes on your paycheck withholding less money. trump did later clarify on twitter when someone pointed out her mistake, writing in april americans will be thinking about how cumbersome the old tax code is and energized about upcoming simplification. but filing on a postcard, that s unlikely, certainly not this year, and even next year, as well. the tax bill is not the simplification the gop leaders promised. there are still lots of credits and deductions to sort through. however, there are a few things you can do right now to lower your tax bill for next year. if you have the cash and you ....

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Detailed text transcripts for TV channel - CNN - 20171223:11:39:00

38 minutes after the hour now. president trump signed the gop tax cut bill into law before leaving for his christmas break in florida. he praised the bill as a giant tax cut for the middle class. but a lot of his plan leans towards tax cuts for corporations and business owners. so what does this all mean for you and your wallet heading into the new year? chief business correspondent christine romans breaks down what s in the bill. this is the most significant tax overhaul since the reagan administration. it will be felt in every corner of the economy but it s not the simp simplification they promised. while it does cut taxes across the board those middle tax cuts are modest and expire. make no mistake, this is about corporate tax cuts. the corporate rate is slashed to ....

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Detailed text transcripts for TV channel - CNN - 20171222:19:09:00

Puts things immediately into ideologic ideological camps. but if you ask people would you like to keep more money of the money you earned they ll say yes. and it s important to point out this isn t the $2,000 a year that the pro verbal family of four making 75,0$75,000 a will this is keeping the u.s. much more competitor with china, india, all these international competitors in the long range here. i think there is a risk of over simplification. obviously if you want to tell anyone do you want to get more in your paycheck, they ll say yes, but there is far more to this specificity that is why we are hearing the criticism from democrats. obviously you hear the president and he is proud of this bill. but the fact he said this morning he doesn t feel the need to go out and sell it. but i think to keith s point on the risky iness, i want you to ....

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Detailed text transcripts for TV channel - CNN - 20171222:09:16:00

Tax code. january 1st, 2018 will affect your 2018 tax returns and you file those in 2019. she pointed out that in a tweet later. the tax bill is not the simplification the gop promises. fewer people will probably claim all of the deductions, but still a postcard seems unlikely. that s just paul ryan, so many questions were answered with here s your postcard. those may come back to haunt him. the senate paid out nearly $1.5 million in workplace settlements in the past 20 years, and last night the senate rules committee released ....

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Detailed text transcripts for TV channel - CNN - 20171222:12:31:00

2019. in february you will see the irs adjusting taxes, withholding less money. she did later clarify. she clarified on twitter when someone pointed out her mistake. she said in april americans will be thinking about how couple better some the old tax code is and energized by upcoming simplification. the tax bill is not the simplification that the gop promised. there are a lot of deductions and credits. however, there are things you can do to lower your tax bill for next year. prepay property taxes. this is for high tax states. new york, new jersey, california. it cams the salt s.a.l.t. deduction. you could deduct them under the old rules of 2017. check with our local tax office and see if you can pay now. some are allowing it, some are not. you can pay an expense that will ....

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