Tag: 2018

The new Tesla will sell in 2018

The new Tesla will sell in 2018

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Shopping
Having done their best to give splashy introductions to new models, automakers now have to hold their breath to see whether the new cars, trucks and SUVs prove popular with the public. In 2018, they'll have a bevy of new models, skewing heavily to pickups and SUVs that have proven to be favorites this year. But veteran auto executives know that the industry's history is an unpredictable mix of hits and duds. The most noticeable introductions will come at the opposite ends of the spectrum: two of the best-known pickup trucks and the new mass-market electric car from Tesla. The pickup wars will be especially vicious. "You can't ignore a big truck," says Jessica Caldwell, analyst for Edmunds.com, the car-buying website. "Anytime there's a truck, it's a big deal." As for the Tesla, she thi
Tax reform: 9 tax deductions are going away in 2018

Tax reform: 9 tax deductions are going away in 2018

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Personal Property
Learn what the tax bill just took away from taxpayers. The new tax reform bill is now law, and taxpayers can expect a lot of changes to take place in 2018. Reduced tax rates, higher standard deductions, and higher child tax credits for families are just a few of the perks that individual taxpayers will see next year. To pay for these tax breaks, however, lawmakers took away many deductions that millions of taxpayers had used every year to reduce their tax bills. The nine deductions we'll discuss are just some of the popular provisions that will disappear, and taxpayers will have to look closely at their own personal situations to see whether other, less common deductions are also going away. 1. Personal exemptions The biggest move that the tax reform bill made was to take away person...