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…
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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
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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
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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
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Mar 22, 2017 Read more
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