Tax rates

Republican Tax Plan Has Huge Implications for Housing

Republican lawmakers unveiled the tax reform bill this morning and it doesn’t augur well for housing. The National Association of Realtors came out [...]

Details of tax reform legislation revealed

The House Ways and Means Committee released draft tax reform legislation on Thursday. The Tax Cuts and Jobs Act, H.R. 1, incorporates many of the provisions [...]

Tax Advantages

Congressional Incentives Encourage Domestic Petroleum Development Oil and Natural gas from domestic reserves helps to make our country more energy [...]

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 [...]

Oil and Gas Tax Benefits

Direct participation in oil and gas can generate several tax benefits. These benefits range from large up front deductions for intangible drilling costs (IDC), [...]

Tax Hikes Likely No Matter Who Wins White House

Regardless of who wins the White House this November, the new health-care law will raise taxes on high-income Americans next year-and that could have [...]