Preparing for Your 2018 Tax Return

Jan 15, 2019 | Tax

The Tax Cuts and Jobs Act (TCJA) made many changes to personal returns. For example, for 2018 through 2025, the personal exemption has been suspended. This will substantially increase taxable income for large families. However, enhancements to the standard deduction...

Understanding the Gift Tax

Nov 28, 2018 | Tax

If you gave money or property to someone as a gift, you might owe federal gift tax. Many gifts are not subject to the gift tax, but there are exceptions. Here are eight tips you can use to figure out whether your gift is taxable. Most gifts are not subject to the gift...

It’s The Most Wonderful Time of the Year! Tax Year-End Reminders

Nov 15, 2018 | Tax

Year End Reminders….  The end of the year is a great time to review your tax situation for any significant changes to report to your tax preparer, and while your last-minute tax move opportunities may be limited, here are a few ideas worth considering: Retirement...