Monthly Archives: December 2019

Consolidated Appropriations Act contains many provisions, extenders, changes

December 23, 2019

The Consolidated Appropriations Act, 2020 signed by President Trump on Dec. 20, 2019, includes many tax provisions which could affect year-end planning. Note the following key points of this Act. Provisions to be extended through 2020 Adjusted gross income floor for medical expenses reduced from 10% to 7.5% Above-the-line tuition and fees deduction Mortgage insurance […]