Relocating for a current job or new opportunity used to mean you could deduct some of your moving expenses. Under the Tax Cuts and Jobs Act (TCJA), the tax treatment of moving expenses has changed, and will affect employees and… Read More
Parents and taxpayers with dependent children can take advantage of the increased benefits of the Child Tax Credit under tax reform. With new changes in effect, this tax credit has been enhanced and made available to more individuals.
Previous Law… Read More
The Tax Cuts and Jobs Act that was enacted last December topples conventional tax planning strategies and changes the familiarity for this year’s tax filing season. Below is a brief review of some of the most important 2018 year-end tax… Read More
The Tax Cuts and Jobs Act has the estate and gift tax exemptions on the rise. These exemption increases may provide the opportunity for further tax planning. Below we highlight what changed for estate and gift tax under the new… Read More
One of the many Tax Cuts and Jobs Act (TCJA) changes adopted when filing 2018 taxes is the new estate tax exemption. The estate tax is a tax on an individual’s right to transfer property at death and includes everything… Read More