Things to Remember at Tax Time
Tax day, which is Tuesday, April 19 in 2022, is approaching and it is time to begin crossing T’s and dotting I’s in preparation for paying taxes.
Things to Remember at Tax Time Read Post »
Tax
IRS Announces That Face Masks and Related Purchases Are Tax-Deductible
The IRS has announced that the tax deduction for medical expenses includes amounts spent on face masks, sanitizer and other
IRS Announces That Face Masks and Related Purchases Are Tax-Deductible Read Post »
You Can Give Away More Tax Free in 2018
After staying the same for five years, the amount you can give away to any one individual in a particular
You Can Give Away More Tax Free in 2018 Read Post »
Be Aware of the Kiddie Tax Before Leaving an IRA to Children
Grandparents may be tempted to leave an IRA to a grandchild because children have a low tax rate, but the
Be Aware of the Kiddie Tax Before Leaving an IRA to Children Read Post »
Are Trusts Still Useful If the Estate Tax Is Repealed?
With Republicans in control of Congress and the presidency, there is talk of eliminating the federal estate tax. In 2017
Are Trusts Still Useful If the Estate Tax Is Repealed? Read Post »
How to Avoid An Unnecessary Income Tax Time Bomb in Your Estate Planning Documents
As the federal estate tax exemption has ballooned from $1.5 million ten years ago to $5.43 million today, the need
How to Avoid An Unnecessary Income Tax Time Bomb in Your Estate Planning Documents Read Post »