Austin, TX (May 1, 2018) – Lonestar Soccer Club, a nonprofit organization and the third largest youth soccer club in the nation with more than 6,800 players ranging from ages 4 – 19, is delighted to announce Austin Asset as the jersey sponsor for every select team’s jerseys for the 2018/19 – 2019/20 seasons. Austin Asset’s jersey sponsorship for Lonestar’s select programs is part of their ongoing commitment to giving back, recognizing it is a true representation of how wealth cannot only change their client’s lives, but also impact the lives of others.
Everyone likes to save on taxes. Making the most of deductions is one avenue available to taxpayers to reduce their tax bill. All taxpayers have the option to either itemize deductions or take the standard deduction, which is currently $12,700 for a married couple under age 65. If a couple’s standard and itemized deductions are close to being the same amount each year, there is an opportunity to plan these expenses in a way that may reduce the overall tax bill.
Investors, both institutional and retail, often invest in alternatives in pursuit of greater diversification or risk reduction; however, alternatives might fail to reliably accomplish these goals.
On December 20, 2017, the U. S. House and Senate passed the Tax Cuts and Jobs Act (TCJA). This is the largest major tax reform in over three decades and contains a whole host of tax provisions that impact individuals and businesses. With a few rare exceptions, the TCJA affects 2018 returns, filed in 2019. Below are highlighted some of the provisions that will affect individuals.