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Tax Changes for 2018: Here's How to Get Ready and Save Money

Last December, Republicans in Washington passed the biggest changes to the U.S. Code in decades, and while most of the really significant alterations were made for businesses (hello, corporate tax cuts!), there are plenty that will directly affect what ordinary Americans will pay to Uncle Sam. Based on analyses done at the time, a large fraction of the middle class will find their annual tax bills shrinking a bit, but another significant share is on course to owe a lot more. As we approach the end of 2018, Motley Fool Answers hosts Alison Southwick and Robert Brokamp want to help you get a jump on tax season, so for this episode of the podcast, they’ve brought an expert into the studio: Megan Brinsfield of Motley Fool Wealth Management. Together, they’ll run through the changes in the tax code that are most likely to hit your bill -- for good or ill -- and offer up some strategies you can still use, even this late in the year, to reduce what you’ll owe in April. Plus, they share some bizarre tax trivia -- yes, that’s totally a thing. But first, there’s a timely “What’s Up, Allison?” segment on the stock market’s “October Effect”: Is it a real phenomenon or a financial mirage? ------------------------------------------------------------------------ Subscribe to The Motley Fool's YouTube Channel:    / themotleyfool   Or, follow our Google+ page: https://plus.google.com/+MotleyFool/p... Inside The Motley Fool: Check out our Culture Blog! http://culture.fool.com Join our Facebook community:   / themotleyfool   Follow The Motley Fool on Twitter:   / themotleyfool