Ted Bauman was a student of the State University of New York where he was able to graduate with a degree in Business Administration and proceeded to Georgia State University where he obtained his MBA in Finance. In the past 25 years, Ted has been working in the nonprofit sector as an account manager. Ted is the editor of The Bauman letter who has specialized in investment strategies, immigration issues, and protection of assets.
Ted was born in United States, Washington D.C and raised in Maryland he later relocated to South Africa. Ted was able to recommend some techniques that were aimed to help taxpayers when they were filing tax returns in April. The strategies when implemented enable people to have to pay smaller taxes without breaking any law.
Recent changes in the tax bill will apply to the income which was earned in 2018 and later on. The characteristics of the new law will see the standard deduction of taxes increase significantly, therefore, allowing those having low incomes pay less. Experts in the sector have stated that many people will not itemize deductions after the change takes place. The advantage that comes with the change is that Business owners will be able to qualify to get a larger deduction while they are paying their taxes.
Some of the changes will lead to increased expenditure for families as the homeowner will face limits on deductions for their home loan interest and the property taxes. The law has seen the banishment of personal exemptions. Bauman has been able to offer tips that will help the taxpayers make out the best in their current situation about taxes. Bauman encourages Americans to have their 2018 mortgage and property taxes paid early as new limits may prevent one to do so in the future.
Ted also states that it is vital to pay for any planned medical service early in December and later on deduct them in April as the affordable care act penalty will be active for another year. Ted Bauman predicts that there would be a significant increase in the equities of ETFs ad EM which were on top of the market in 2017. If this becomes right people who would have invested in the market would see returns of more than 200%.