Tax records

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 [...]

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 [...]

Federal Ready Return, Part Fourteen: Conclusion

The nation is not ready for federal Ready Return. Nor will it ever be, until and unless the federal income tax law is overhauled. Ready Return rests on the [...]

Three Tax Mistakes You Make Every Day

Harvey Silverglate's new bookThree Felonies a Day argues that a combination of vague laws and changing technologies has led the average American to [...]

Tax Return Filed? Now Consider Your Records

No one likes organizing records. If you just finished your tax return filings the last thing you want to do is look at them again. But now is the perfect [...]