With the basic exclusion amount at $11.18 million and growing, along with portability of a decedent’s unused exclusion, most individuals will not have a federal estate tax liability.
Yearly Archives: 2019
We are in the thick of the tax filing season and the call volume to the Internal Revenue Service (IRS) is high, so we would like to share some tips the IRS has communicated which will enable you to get a quick answer.
With the new tax law in full effect, it’s a good idea to reexamine your federal tax withholding for this and future years.
The Tax Cuts and Jobs Act (the Act) made several changes to the rules regarding the deduction of business meals and entertainment.