Archive for December 2017

2018 Tax Code Changes

Changes to the individual tax code are effective January 1, 2018. The IRS says that the 2018 withholding rates will be adjusted in February to reflect the new rules. Most individual changes would expire at the end of 2025, so the old tax code rates and deductions would be back in 2026. Here’s a look at what’s in the bill: FOR INDIVIDUALS New Tax brackets and rates Lowers (many) individual rates:…

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Tacoma Amtrak Train Crash

On Monday, December 17th, in its inaugural ride on a new higher-speed route between Seattle and Portland, an Amtrak train derailed sending 14 train off the tracks, and some off an overpass, crushing the steel train cars and trapping traffic underneath. CBS News reports that the crash left at least three people dead and roughly 100 injured. Federal investigators have also confirmed that the train was speeding at 80-mph in…

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