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The 2017 Republican tax law approximately doubled the estate and gift tax exemption.
November 25 -
Despite raised thresholds, advisors can still find big itemization opportunities if they know where to look.
September 27 -
Those who fail to meet the cutoff face a hefty penalty that could hit as much as 25% of their dues.
August 6 -
Overall donations to charity organizations fell by 1.7%, while total individual giving decreased by 1.1%, the first drop since 2013.
July 16 -
If passed, non-spouse heirs would be required to drain assets within 10 years after the owner’s death.
July 12 -
Officials hope to peg capital gains to inflation before the president faces reelection.
June 27 -
Under new rules, small business owners can offer their workers tax-free dollars to buy health coverage.
June 25 -
The legislation nullifies a strategy that previously allowed heirs to stretch an inherited account's tax-deferred growth based on their life expectancy.
June 11 -
The rule can create significant tax savings, but in unskilled hands it can just shift the burden elsewhere.
June 7 -
The approved legislation relaxes rules for retirement savers.
May 23