Reform

Where Are We With Tax Reform? (Business/Entrepreneur)

“Planning is a process of choosing among those many options.

If we do not choose to plan, then we choose to have others plan for us.”

–  Richard I. Winwood   

{4:42 minutes to read} Hope you are enjoying the warm sunny days of the season.

I can’t help but wonder, is it just me, or is it becoming a challenge to stay on track with what’s going in Washington with regards to federal tax reform? The uncertainties are evident. The Trump administration released a report on July 28, 2017 regarding the status of all the proposed changes. As it relates to tax reform, the most current report that we are aware of was released on September 27th, 2017. If what’s promised is implemented, individuals/families and businesses will be affected.

Healthcare tax reform still remains the most debated issue as this will affect (in one capacity or another) all the taxpayers.

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Health Reform and Your Insurance Options

The world of health insurance is going through a lot of changes. If you’re trying to get your bearings, take a look at what’s different since the health reform bill became law.

The highlights:

  • No one can be denied coverage because of health problems they had in the past. This is known as a “preexisting condition.” In addition, health insurance companies cannot charge you more if you have a preexisting condition.
  • If you have children who are 19 to 26, they can stay on your insurance plan.

  • Insurance plans, with some exceptions, now cover some preventive medical services. You won’t need to pay a co-payment or reach the deductible first. These preventive services include certain vaccinations and screenings.


Health insurance Marketplaces are set up in each state or by the federal government. Marketplaces, also known as Exchanges, are websites where you can shop

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