Laura Saunders (@Saunderswsj) profile picture

I write about taxes for The Wall Street Journal.

Joined January 2012
Photo by Laura Saunders (@Saunderswsj)Photo by Laura Saunders (@Saunderswsj)Photo by Laura Saunders (@Saunderswsj)Photo by Laura Saunders (@Saunderswsj)Photo by Laura Saunders (@Saunderswsj)Photo by Laura Saunders (@Saunderswsj)Photo by Laura Saunders (@Saunderswsj)Photo by Laura Saunders (@Saunderswsj)
New from us today: The tax law made five separate changes that will affect incentives for charitable giving. How will that all shake out? Link below:
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New from us: Americans dislike the “one big, beautiful bill” but favor some of its components. A preview of the midterm messaging fight ahead….
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I'm just a man screaming into the void that $30,000 of officer's salary and $400,000 from an S-corp is not good tax strategy. #TaxTwitter
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New from us today: A visual look at the distribution of tax cuts in the new law.
Now that President Trump’s One Big Beautiful Bill Act is law, the fight has begun over who wins and who loses from its tax-and-spending changes on.wsj.com/4mc9WnB
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So, so many tax pros in my area got this wrong, and I even lost a client in 21 over it because he didn't believe me that his Goodwill donations didn't count.
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Laura Saunders retweeted
Little-noticed provisions in the #OBBB One Big Beautiful Bill Act are about to boost #tax breaks for some donors, lower them for others and complicate them for lots of #Americans ⁦@Saunderswsj⁩ wsj.com/personal-finance/tax…
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.@Saunderswsj has a taxpayers' guide to the revamped charitable incentives Congress just passed. One key thing before this starts next year: Non-itemizer deduction is cash-only. The new itemizer deduction has a floor limiting deductions. So... donate those old T-shirts now.
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Laura Saunders retweeted
Congress giveth and Congress taketh away—sometimes in one law. The #OBBB “big, beautiful bill” signed by President Trump this month is a good example. #TAX wsj.com/personal-finance/tax… via @WSJ @Saunderswsj
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My latest: Congress is addicted to giving with one hand and taking away with the other through phaseouts, time limits and more. Bottom line: many people won't be getting the new tax breaks they're hoping for. wsj.com/personal-finance/tax…
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New from me on today's CBO report on the distributional effects of OBBBA.
Republicans’ tax-and-spending megabill would give more money to middle-income and high-income households while taking benefits away from low-income people, according to a new CBO analysis on.wsj.com/3Ztj5PT
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My latest: The GOP tax-and-spending bill would expand tax-free 529 plan withdrawals. Now they're mostly for college, but the expansion would cover more K-12 expenses and trade certificates, such as for HVAC tech. wsj.com/personal-finance/tax…
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My latest: Philanthropist Oscar Tang has just emerged from a long, bruising battle with the IRS over $74 million gift of Chinese paintings to New York's Metropolitan Museum. Here's what that means for your donation deductions. wsj.com/personal-finance/tax…
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Laura Saunders retweeted
The IRS and immigration officials are nearing an agreement under which the tax agency would share limited taxpayer data with border-security authorities on.wsj.com/4hJadvO
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Philosophically this is a very big shift for IRS, which has encouraged people here illegally to file and pay taxes and said it doesn’t get involved in immigration enforcement. 3/3
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