Estate Tax Exemption Doubled under Tax Reform
Tax News, TaxesArticle Highlights
Estate Tax Exemption
Unused Exemption Portability
Annual Gift Tax Exemption
Check Your Beneficiaries
Note: This is one of a series of articles explaining how the various tax changes made by the GOP’s Tax…
Living Abroad? Here Is How Tax Reform May Affect You
Tax News, Tax Tips, TaxesIf you are an expatriate living abroad, you may be wondering how the provisions of the Tax Cuts and Jobs Act (TCJA) will impact you. This is the most extensive tax change in over 30 years, and although it was touted as tax simplification when…
Can’t Pay Your Taxes by the April Due Date?
Tax News, Tax Tips, TaxesArticle Highlights:
What to Do If You Can’t Pay
Loans
Credit Card Payments
IRS Installment Agreements
Retirement Funds
If you aren’t one of those lucky Americans who gets a tax refund from the IRS you might be wondering…
Where Do You Fall In The Tax Pecking Order?
Tax Tips, TaxesArticle Highlights:
2015 Overall Filing Statistics
Statistics by Adjusted Gross Income
Percentile Table
Ever wonder where your income puts you in comparison with the rest of the U.S. taxpayers? Each year the Internal Revenue Service…
Cryptocurrencies and Taxes
Taxes, TechnologyArticle Highlights:
Virtual Currency
Valuation
Transactions
Character of the Gain or Loss
Foreign Currency Transactions
Foreign Bank and Financial Account (FBAR) Reporting
Payment for Goods & Services
Acquiring…
Tax Reform Limits Exchanges to Defer Taxes
Tax News, TaxesArticle Highlights:
Deferring Tax with Like-Kind Exchanges
Changes Made by Tax Reform
Impact on Trade-ins
Note: This is one of a series of articles explaining how the various tax changes made by the GOP’s Tax Cuts & Jobs…
Tax deductions vs. Tax credits: A guide for simplifying your tax filing experience
Tax Tips, TaxesArticle Featured on CNN Money
If the thought of filing your taxes gives you heart palpitations and sweaty palms, fear not.
Yes, taxes can be complicated. But the more you understand, the smoother the process will go.
Familiarizing yourself…
Medical Deductions & The New Tax Law
Tax News, TaxesArticle Highlights:
Medical Deductions Retained by the Tax Reform Law
Adjusted Gross Income Floor Dropped to 7.5%
The Standard Deduction
Bunching Medical Deductions
Unusual Medical Deductions
Medical Dependents
Divorced…
Will Your 2018 Withholding Be Right?
Tax Tips, TaxesArticle Highlights:
Tax Cuts & Jobs Act
Wage Withholding Tables
W-4
Be Cautious with Adjusted Withholding
Note: The is one of a series of articles explaining how the various tax changes made by the GOP’s Tax Cuts &…
Yes or No? Simple answers to your tax questions
Tax News, Tax Tips, TaxesArticle by Danielle Wiener-Bronner | Found on CNN
The changes to the new tax law are complex, and difficult even for experts to unpack. But some of the plan's provisions are straightforward enough for simple "yes" or "no" answers.
1. Does…