Ted Bauman’s take on the newly passes act on taxes

A new law has recently been passed on a tax that is set to benefit a majority of citizens. The law is under the tax cuts and jobs act that has been passed in order to govern individual and establishments tax code.

Tax advisors emphasize that the law will benefit taxpayers in the following ways: firstly, businesses like limited liability corporations and partnerships that do not pay taxes will begin to pay taxes. However, they will be allowed to save on their taxes and will only be required to pay a 20 percent cut of their profits as tax at the beginning of the year only. Furthermore, for any taxpayer, be it an individual or corporation, the new law will also allow for one to save a lot on taxes. The law is also set to do away with some key deductions and the taxation rate on retirement income.

Among these individuals that are giving advice on taxation and supporting the new tax law Ted Bauman. Ted Bauman was the fund manager for the South Africa low-cost project on housing and an executive in the non-profit business field for more than two and a half decades. He is one who holds a Master’s degree in Business Administration from the University of the State of Georgia and also a Bachelor’s of Science degree holder in Business Administration as well from the New York State University who was born in Washington, D.C.

Ted Bauman is famed for his famous publications of the Bauman letter in which he addresses issues in asset safeguarding, privacy, global immigration, and low-risk investment plans. He joined the Bayan Hill Publishing community almost five years ago and from then has been the sole editor of the Bauman letter among other publications like Smart Money Alert and the famous Plan B club.

Having done a lot of research in the field of finance and written on issues like housing and urban planning as well as being a financial consultant for a number of years, Ted Bauman has become the go-to individual when matters like the new tax law issue arise. He is trusted to give the best advice on such issues. Read this article:https://ezinearticles.com/expert/Ted_Bauman/1964192