About Brent D. McLaughlin

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Interest Deductions in Tax Reform Proposals

Interest Deductions in Tax Reform Proposals By Brent D. McLaughlin and Megan L. Austin The House and Senate tax reform bills both would make significant changes to deductions.  Here is how the bills address deductions for mortgage interest, student loan interest, business interest, and taxes.   Itemized deduction for mortgage interest Currently, taxpayers may deduct [...]

By |2017-12-14T17:51:12-06:00December 14th, 2017|Tax|Comments Off on Interest Deductions in Tax Reform Proposals

Missouri Tax Cuts

On May 6, 2014, the Missouri House overrode Governor Nixon's veto to enact a tax cut for Missourians – the first tax cut bill in 90 years for Missouri is estimated to provide $620 million in tax relief. The tax cuts will take effect gradually in five annual steps beginning in 2017.  The bill contains [...]

By |2014-05-13T18:19:33-06:00May 13th, 2014|Tax|Comments Off on Missouri Tax Cuts
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