Taxpayers with Children – New Tax Changes

The Tax Cuts and Jobs Act made sweeping changes that impact deductions and credits related to family and dependents. Personal and Dependent Exemptions In 2017, you were allowed an exemption…

Continue Reading Taxpayers with Children – New Tax Changes

The Gift Tax Return

Many times, clients are surprised to find they must file a gift tax return, even when they don't owe gift or estate taxes. The IRS can impose penalties for not…

Continue Reading The Gift Tax Return