1) Decrease in Income Tax Rates The 2018 income tax rates are as follows: Single Married Filing Joint…
1) Decrease in Income Tax Rates The 2018 income tax rates are as follows: Single Married Filing Joint…
Under current federal estate tax law there is an exclusion up to $5.12 million in 2012. Taxable estates above this amount are taxed at 35%. This exclusion is scheduled to decrease to $1 million beginning in 2013. The tax rate…
Hurricane Sandy has left her mark. This included power outages, significant property damage and, sadly loss of life.
No Fifty Shades of Grey here. Here are Fifty Black and White Tax Deductions and Credits. 1) Standard Deduction – Taxpayers can take the higher of the Standard Deduction or their Itemized Deductions. 2) Medical Expenses 3) Medical Miles –…
Do your children or grandchildren need some financial assistance? Here are 3 Easy Ways to help them: 1) Make a Loan Parents and grandparents can loan to their child or grandchild. If this is the approach taken, a formal…