Year-End Tax Income Planning: Standard vs. Itemized Deduction Changes
One of the most notable changes with the Tax Cuts and Jobs Act 2018 (TCJA) is that the standard deduction has increased to $24,000 for joint filers (and $12,000 for single filers), meaning that the total amount of your...
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How Will the New Tax Law Affect You?
HOW WILL THE NEW TAX LAW AFFECT YOU? 63% OF AFFLUENT AMERICANS SAY THEY ARE VERY OR SOMEWHAT LIKELY TO CHANGE THEIR PERSONAL FINANCIAL PLANS BASED ON THE NEW FEDERAL TAX LAW… …and more than half say they believe...
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Proposed Tax Reform Legislation
A lot has been written and said about the current efforts in Congress to pass “tax reform”. We have and will continue to discuss the proposals and their impact with our clients in planning meetings, etc. To date we...
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