President Trump Signed the Tax Cuts and Jobs Act Today
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Just moments ago, President Trump signed the Tax Cuts and Jobs Act. Following are highlights of some of its key provisions that may affect you. Read more here...
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Tax Reform Compromise Reached
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Republicans have apparently reconciled their respective versions of the Tax Reform and Jobs Act. The key provisions of the latest version of the massive tax reform measure are as follows. Read more here...
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Similarities and differences between House and Senate Versions of the Tax Cuts and Jobs Act
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Both the House and the Senate have passed versions of the Tax Cuts and Jobs Act. There are many similarities and some important differences that will have to be resolved through a legislative conference committee. Read more here...
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2018 Increase for Lifetime Exemption and Gift Tax Annual Exclusion
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The size of gifts that you can make tax-free is scheduled to increase in 2018. Read more here...
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Year End Tax Planning 2017 – Utilizing State and Local Tax Deductions While You Still Can
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The new tax reform bills recently proposed by the House and the Senate include substantial changes to the rules that govern the deductibility of State and Local Taxes (often abbreviated as “SALT” deductions) for Federal income tax purposes. Read more here...
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“First in – First Out”
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A little- noticed provision in the Senate’s tax proposal has the potential to significantly raise taxes on investors. Read more here...
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