For individuals considering their financial legacy, several provisions of the Tax Cuts and Jobs Act (TCJA) unlock new estate planning and gifting opportunities. Under the TCJA, the maximum federal estate…
Will You Be Able to Deduct Mortgage & Home Equity Loan Interest in 2018?
Almost 33 million Americans claimed home loan-related deductions in 2016, but fewer homeowners may be able to reap such benefits in 2018 due to tax reform changes. The final version…
IRS Guidance Clarifies Tax Reform’s New Repatriation Requirement
Trillions of dollars’ worth of company earnings held offshore will soon be repatriated for U.S. taxation, under the new Section 965 transition tax contained in the Tax Cuts and Jobs…
Now Available: IRS Tools to Assess and Manage Post-Tax Reform Withholding
The IRS recently released a new Form W-4 and an updated withholding calculator for 2018 personal income tax withholding. This much-anticipated information from the IRS is the final component of…
