December 13,2017 IRS Increases Annual Gift Tax Exclusion for 2018 The IRS has announced that the annual gift tax exclusion is increasing next year due to inflation. After five years […] Read more
October 27,2017 2018 IRS Estate and Gift Tax Inflation Adjustments The IRS has announced the 2018 inflation adjustments for many tax provisions, including exemptions for estate, gift and generation-skipping transfer […] Read more
June 20,2017 10 Simple (and Fun) Ways to Cut Taxes This Summer It's already starting to feel like summer in many parts of the country. But the forecast for Washington remains unclear […] Read more
June 20,2017 Consider Taxes before Converting Your Home to a Rental Property Have you ever thought about becoming a landlord? This option may be tempting if your local real estate market is […] Read more
June 13,2017 Qualified Domestic Trusts (QDOT) The basic idea of a Qualified Domestic Trust or QDOT (normally built into most revocable living trusts) is to avoid […] Read more
May 16,2017 Spring Cleaning: When Can You Purge Your Old Financial Records? Feeling the urge to purge? April 18, 2017, was the deadline for individuals and C corporations to file their federal […] Read more
April 03,2017 Is This Your Situation: Worried about Taxes on an Asset Sale? There is always a temptation to just sell off assets that you've accumulated and take the cash. But that generally results […] Read more
February 28,2017 Tax Breaks Seniors Should Not Overlook Are you an “experienced” taxpayer? Here are a couple of age-based tax breaks that seniors shouldn't overlook when filing their […] Read more