Tax Law Changes

IRS Announces 2018 Estate And Gift Tax Limits: $11.2 Million Per Couple

It’s official. For 2018, the estate and gift tax exemption is $5.6 million per individual, up from $5.49 million in 2017. That means an individual can leave [...]

Why new tax return due date changes are important

This past summer Congress passed, and President Barack Obama subsequently signed, legislation that modified the due dates for several common tax returns. The [...]

7 changes to tax form 1040

Time marches on, and you’ll soon be receiving your 2013 W-2 and 1099s. So it’s not too soon to start thinking about putting together your Form 1040 for [...]

14 Big Changes for Tax Years 2011-13: Tax Expert Bernard Kiely

If you ask Bernard Kiely of Kiely Capital Management in Morristown, N.J., about the positive changes in tax planning this year, he’s to the point: There [...]