--- title: "The New Tax Law and You" type: "article" slug: "the-new-tax-law-and-you" url: "http://localhost/article/the-new-tax-law-and-you/" markdown_url: "http://localhost/article/the-new-tax-law-and-you.md" published_at: "2026-03-15T00:13:04+00:00" modified_at: "2026-03-15T00:13:05+00:00" featured_image: url: "http://localhost/wp-content/uploads/2022/04/20230809-041332.jpg" excerpt: "Analysis of the 1986 Tax Reform Act's impact on 1986, 1987, and 1988 tax liabilities, presented as six comparison tables with a detailed worked example for a two-income household. Shows changes to medical deduction thresholds, elimination of sales tax and union dues deductions, and modified standard deductions. Includes a short QL program to reproduce the…" category: - name: "Timelinez" slug: "timelinez" taxonomy: "category" url: "http://localhost/category/periodicals/timelinez/" post_tag: - name: "BASIC (programming language)" slug: "basic-programming-language" taxonomy: "post_tag" url: "http://localhost/tag/basic-programming-language/" - name: "QL" slug: "ql" taxonomy: "post_tag" url: "http://localhost/tag/ql/" - name: "TS 2068" slug: "ts2068" taxonomy: "post_tag" url: "http://localhost/tag/ts2068/" - name: "Type-in program" slug: "type-in-program" taxonomy: "post_tag" url: "http://localhost/tag/type-in-program/" model: - name: "Timex/Sinclair 2068" slug: "ts-2068" taxonomy: "model" url: "http://localhost/model/ts-2068/" indiv: - name: "Walt Gaby" slug: "walt-gaby" taxonomy: "indiv" url: "http://localhost/indiv/walt-gaby/" publication_r: id: 21571 title: "Timelinez" type: "periodical" url: "http://localhost/periodical/timelinez/" authors_r: - name: "Walt Gaby" slug: "walt-gaby" taxonomy: "indiv" url: "http://localhost/indiv/walt-gaby/" volume: "5" issue: "5" issues_articles: - id: 38853 title: "Timelinez v5 n5" type: "issue" url: "http://localhost/issue/timelinez-v5-n5/" pages: "6" pubdate: "May 1987" archive_link: false --- # The New Tax Law and You Analysis of the 1986 Tax Reform Act’s impact on 1986, 1987, and 1988 tax liabilities, presented as six comparison tables with a detailed worked example for a two-income household. Shows changes to medical deduction thresholds, elimination of sales tax and union dues deductions, and modified standard deductions. Includes a short QL program to reproduce the tables on screen.