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Tag: Tax

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Home » Tax
March 9, 2022

Tax

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.

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April 16, 2021

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...

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December 20, 2017

Tax

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...

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September 18, 2017

Tax

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...

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July 10, 2017

Tax

Are Trusts Still Useful If the Estate Tax Is Repealed?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...

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December 4, 2015

Tax

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...

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