Lifetime Estate and Gift Tax Exemption To Sunset In 2025
Whether you give vehicles, cash or stocks to someone, the government may want to collect some taxes. Luckily, you can transfer assets and their appreciation out of your estate sooner
Irrevocable Trust: Utilize The Current Tax Exemption Before It Expires
The federal estate tax exemption will expire December 31, 2025. When that happens, the exemption will be cut in half and adjusted for inflation. New tax legislation could possibly be
Tips vs Service Charges Tax Implications For Californians
Albeit it’s been over 7 years since the IRS enforced the Revenue Ruling 2012-18, there’s still confusion among restaurant owners. This ruling defines tips vs service charges, and clarifies the
