Tax news from around the web: April 30 – May 4, 2018

Written on Apr 29, 2018

IRS gives taxpayers relief from erroneous HSA contributions
Under Rev. Proc. 2018-27, taxpayers will be allowed to treat $6,900 as the annual limitation instead of the $6,850 limitation announced in Rev. Proc. 2018-18.

Special Trump tax provision gives $17 billion break to millionaires, gov't report finds
The beneficiaries are those who claim the new "pass through" deduction of up to 20% in the Trump/GOP tax plan.

Tech Corner - The best ways to automatically back up the photos on your smartphone
The best camera is the one you have with you, and most of the time that’s going to be your smartphone. You probably capture lots of important moments with your phone, so you also need to make sure you’re keeping those moments backed up.

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