Kari Brummond

About Kari Brummond

Kari Brummond is a freelance writer based in Colorado. She specializes in personal finance and tax issues.

The Supreme Court Rules Online Retailers May Need to Collect Sales Tax

calculate state sales taxesIn June 2018, the Supreme Court ruled that states can require e-commerce companies to collect and pay sales tax, even for areas where they don’t have a physical presence. Here’s the good news — analysts speculate that the change will not alter shopping habits. Online shopping is so convenient that […]

Good News: Your Tax Lien Is About to Come Off Your Credit Report

credit bureaus are removing tax liensIf you’ve got delinquent tax debt, goods news is on the horizon. The credit bureaus are removing tax liens from credit reports (CRs). That instantly improves your credit report, potentially boosting your score and making it easier to obtain credit. Here’s a look at the details.

What Are the Credit Bureaus Removing?

Last […]

The Pass-Through Tax Deduction Explained With Calculation Examples

pass-through tax deduction explainedThe new income tax plan brings in a generous pass-through tax deduction for many small businesses in IRC Section 199A. If you have pass-through income, you may qualify for a deduction worth 20% of qualified business income.

The change came into effect in 2018, but it doesn’t affect your 2017 tax […]

Why Trump’s Tax Plan May Not Ultimately Reduce Charitable Giving

trump tax plan and charitable givingThere’s a lot of speculation about what’s going to happen with Trump’s tax plan or the “Tax Cuts and Jobs Act.” Many people are panicking or rejoicing without looking at the details, and others are narrowing in on a single aspect of the plan while ignoring […]

January 4th, 2018|Tax Opinion|0 Comments

How to Avoid Paying the Health Insurance Penalty on Your Tax Return

how to avoid paying the health insurance penaltyUnder the Affordable Healthcare Act, you are required to have health insurance. If you don’t, you face a hefty penalty at tax time. Although there has been a lot of news about changes to the healthcare act, you still have to pay this penalty for the tax year 2017.

Called […]

November 8th, 2017|Uncategorized|0 Comments