The Tax Cuts and Jobs Act of 2017 increased the child tax credit for all eligible children to $2,000. The Act also increased the refundable portion to $1,400. This means…
Feb 20, 2019 Read more
Tax Tip
The new law has greatly changed the way you will itemize deductions in 2018 compared to 2017. First, the Act increased the standard deduction to $24,000 for married couples, this…
Feb 14, 2019 Read more
A common question on taxes is about gifting. A gift of money or property is not deductible on your tax return nor does the recipient report the gift as income….
Feb 6, 2019 Read more
The Tax Cuts and Jobs Act of 2017 lowered the tax rates for all individual taxpayers and widened the tax brackets so that more income is taxed at lower rates. …
Feb 7, 2018 Read more