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 filing a gift tax return, even when no tax was due. You don’t owe gift taxes and aren’t likely to

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tax year is a true game-changer for taxpayers and their advisers, as many fundamental, decades-old tax rules have been repealed or suspended, with many new ones going into effect. This article, the second of a series, highlights the tax changes that apply in 2018 to individuals relating to

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tax year is a true game-changer for taxpayers and their advisers, as many fundamental, decades-old tax rules have been repealed or suspended, with many new ones going into effect. This article, the first of a series, highlights the tax changes that apply in 2018 to individuals – tax