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…
It's been estimated that the number of people who itemize will fall by more than half in 2018 because of changes made by the Tax Cuts and Jobs Act (TCJA;…
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…
The new tax year is a true game-changer for taxpayers and their advisers, as many fundamental, decades-old tax rules have been repealed or suspended, with many new ones going into…
The new tax year is a true game-changer for taxpayers and their advisers, as many fundamental, decades-old tax rules have been repealed or suspended, with many new ones going into…
