Deductions Eliminated Under Trump's Tax Reform Proposal ...

One of President Trump's key tax reforms is to eliminate all individual tax deductions except for those that incentivize home ownership, charitable contributions and retirement contributions. Although the administration's one-page outline of the proposed tax reforms provides little detail, if all of the deductions except those noted are eliminated, the reform will impact both itemized deductions...

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Related topics : state tax deduction / tax deduction home office / income tax return home loan interest / tax return mortgage deduction / tax return fees deductible

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Tax Time: Do I Have to Report that Income? - MoneyNing

Tax season is in full swing. For 2010 taxes , we have a couple extra days to get things sorted -- until April 18, 2011. These days, with the Internet providing the possibility of side business income, many wonder what income needs to be reported. Many think that if no 1099 is issued, they don't have to report the income. This is not, in fact, true. We are supposed to report all income, no matter...

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Date: 2018-03-23 01:47:07

Related topics : income tax return home loan interest / income tax return small business / earned income tax return / business income tax return / income tax return help

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Jackson Hewitt - Wikipedia

Jackson Hewitt Tax Services Inc., Tax Services of America , Inc.

In 2008, the company partnered with the Magic Johnson Foundation to create Community Empowerment Centers that offered comprehensive tax information seminars and financial educational resources in Sacramento, Houston, Chicago, New Orleans and Cleveland. The free seminars offered individuals in underserved communities basic tax...

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Date: 2019-04-06 20:54:27

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Do I have to file a Philadelphia income tax return? - Tony ...

I had two people ask me this week "Do I have to file an income tax return in Philadelphia?"

The city is clear in this statement on its web site :

"If you are paid by W-2, confirm that your employer is withholding the City Wage Tax. If they are you have no filing obligation with the City."��I am aware that other information1 published online may be misleading.

On the other hand, if you have...

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Related topics : file federal income tax return online / file income tax return online / income tax e file return / file federal income tax return / income tax return form pdf

What All Those Boxes on Your W2 Mean - Roberg Tax Solutions

Posted on: 02/17/12 24 Comments

Photo from via

Did you get your W2 from your job and it looks like some foreign language? All the little boxes have some letter or number attached, but what does it all mean? Let me walk you through it.

The two most important parts are: 'How much did you make?' and 'How much tax did Uncle Sam take out?'

Box 1: Wages, tips and other...

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Tips for Filing Tax Form 1040EZ - TurboTax Tax Tips & Videos

It has some limitations that may change the amount of tax you'll have to pay, or the potential size of your tax refund.

The article below is accurate for your 2017 taxes, the one that you file this year by the April 2018 deadline , including a few retroactive changes due to the passing of tax reform. Some tax information below will change next year for your 2018 taxes, but won't impact you...

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OI: Highlights - U.S. Treasury Inspector General for Tax ...

2008 | 2007 | 2006 | 2005 | 2004

The Investigation Highlights are updated weekly.

Documents noted as PDF require a special plugin. To obtain the free reader for this format, please visit the Adobe web site .

February 27, 2018

Former IRS Employee Pleads Guilty for Stealing Taxpayer's Identity

On January 5, 2018, in the Western District of Arkansas, former Internal Revenue Service (IRS) employee...

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Scrap plans forcing self employed & small business to do 4 ...

Government responded

This response was given on 4 January 2016

Making Tax Digital will not mean 'four tax returns a year'. Quarterly updates will largely be a matter of checking data generated from record keeping software or apps and clicking 'send'.

Read the response in full

These reforms will not mean that businesses have to provide the equivalent of four tax returns every year. Updating HMRC...

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Nebraska Excise Taxes - - The Tax ...

Nebraska Wine Tax

What is an Excise Tax?

An excise tax is a tax directly levied on certain goods by a state or federal government. The most prominent excise taxes collected by the Nebraska state government are the fuel tax on gasoline and the so-called "sin tax" collected on cigarettes and alcoholic beverages.

An excise tax is not the same thing as the Nebraska Sales Tax.

The Nebraska Sales Tax...

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Related topics : excise tax return / sales tax collection / state tax deduction / tax return fees deductible / federal tax return income averaging

Tax Preparation Checklist 2017 - 2018

Schedule N - 990 Non-Profit Organization Dissolution

Our checklists are provided to help you collect the most common items that are generally required when you are filing tax returns or gathering up documentation to supply to your personal tax professional (CPA).

These lists include common items and documentation generally required to prepare tax returns for...

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Date: 2017-10-17 15:42:33

FinAid | Calculators | Expected Family Contribution (EFC ...

Worksheet B (Tax-Deferred & Untaxed Income): ? �

Worksheet C (Student Aid Included in AGI): ? �

Liquid Assets (Cash, Savings, Checking): ? �

Net Home Equity: ? �

Net Worth Business or Farm: ? �

Other Investments: ? �

Student Information:

The following questions ask whether you (and your spouse) were eligible to file one of the simpler tax forms, not which form was actually...

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Business For Self Program Alt-A Program - Genworth



Note: The insurance premium is non-refundable, paid at the time of closing and may be added onto the mortgage

Borrower Qualification:

Income & Employment

Minimum of two (2) years business-for-self tenure

The self-employed borrowers stated income should be reasonable based on the length of operation, type and size of the business, and should be able to service the required...

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Related topics : revenue canada income tax return / revenue canada tax return / business income tax return / federal tax return income requirements / tax return with no income

NJ Division of Taxation - Corporation Business Tax Overview

Corporation Business Tax Overview



The Corporation Business Tax Act imposes a franchise tax on a domestic corporation for the privilege of existing as a corporation under New Jersey law, and on a foreign corporation for the privilege of having or exercising its corporate charter in this State or doing business, employing or owning capital or property, maintaining an...

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NJ Division of Taxation - Corporation Business Tax Overview

The Corporation Business Tax Act imposes a franchise tax on a domestic corporation for the privilege of existing as a corporation under New Jersey law, and on a foreign corporation for the privilege of having or exercising its corporate charter in this State or doing business, employing or owning capital or property, maintaining an office, deriving receipts, or engaging in contracts in New...

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Non-Residents and Income Tax - 2017 -


Your insurance company will send Form T2062B and any required payment to us.

Step 2 - If you are letting us know about an actual disposition and you provide payment (or acceptable security) to cover the resulting tax payable, we will issue you a certificate of compliance, Form T2068, Certificate - The Disposition of Property by a Non-Resident of Canada.


Notify us no later than 10...

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Date: 2019-03-23 23:12:55

Miscellaneous Taxes - Department of Taxes - Fuel Tax


The Health Care Claims Tax is paid by insurance companies offering health insurance, companies that self-insure employees' health coverage, third-party administrators, and pharmacy benefit managers. The tax is computed on health insurance claims paid for the fiscal year beginning July 1 and ending June 30.

Due Date

Health Care Claims Tax is filed and paid annually. The...

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Date: 2018-03-23 04:56:21

Payment Options – Alabama Department of Revenue

Payment Options

Payment Options

Find information on how to pay Individual and Corporate Income Taxes and what options are available to make a payment. In some situations, you can mail in payments for select tax types.

Access the list of mailing addresses to determine where to mail by form type. Payments for Billing Letters, Invoices, or Assessments should be mailed to the address found on the...

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Tax Orange County

Tax Orange County - Stress-free tax filing! The best software makes filing your taxes fast, easy & 100% accurate. No tax knowledge required.


Tax Orange County

Keep cats and precise answers, specific and short and sweet and to the point.

As the owners of partnerships or sole proprietorships, LLC owners are business profits or...

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Related topics : free income tax return filing online / tax lawyer orange county / tax orange county / free income tax return filing / file income tax return online

How Long Do You Keep Business Tax Records? |

Why You Should Keep Business Tax Records

During tax season, current and recent records help keep itemized deductions in order and provide proof for other deductions, which can go a long way toward maximizing your return or minimizing what you pay. Likewise, you'll need business records related to property to figure depreciation, amortization or depletion deduction when you file.

For most...

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Related topics : business tax records how long to keep / keep tax records business / business tax records how long / tax return records keep / business tax records

Tax Help: How to Find the Best Tax Preparer | Money

Enrolled Agents: Licensed by the IRS, these tax preparers can also represent you before the agency. Enrolled agents must pass a comprehensive exam covering federal tax planning, individual and business tax return preparation, and representation. They must also complete 72 hours of continuing education every three years. Many EAs focus on a particular tax area, so be sure their speciality matches...

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FAQs About Nebraska Income Tax Withholding

Internal Revenue Service : 800-829-1040

If I have employees, how do I file state income tax withholding?

First, you need to apply for a Nebraska withholding number on the Nebraska Tax Application, Form 20 , prior to withholding state income taxes from your employees. You will be mailed a Nebraska Withholding Certificate with your state identification number on it.

If you have a payroll...

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Date: 2018-01-22 18:49:21

Tax Advisors in San Francisco, California | San Francisco ...

Your San Francisco Tax Advisor

    ~ More details on our tax advisory services

As leading tax advisors in San Francisco, we advise individuals, businesses, and nonprofits on the best tax strategies, maximizing the size of refunds and minimizing the personal and/or business taxes paid to the Federal Government and/or the State of California. We save time, money and headaches by doing the heavy...

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Related topics : individual income tax return filing / individual income tax return 2018 / individual income tax return / tax return preparation services / tax return individual

Florida Dept. of Revenue - Florida Tax Credit Scholarship ...

A taxpayer may apply to the Department to rescind all or part of a previously approved credit allocation for a contribution to an eligible nonprofit scholarship-funding organization under the Florida Tax Credit Scholarship Program. You must submit a separate application for each previously approved credit allocation you wish to rescind.

You will need the following information:


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Date: 2019-03-24 07:44:40

Tax Benefits of Home Ownership in 2018 - Mortgage Calculator

Appreciation After Closing, Maintenance & Selling Costs:

Net Appreciation + Rental Savings:

Mortgage Interest

By far, the deduction of mortgage interest stands to be one of the most advantageous tax benefits. The interest paid on a mortgage of the primary residence can often be deducted if the consumer ops to itemize deductions on their federal Income Tax Return. It is possible that the consumer...

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Small Business Payroll Software for Windows | Payroll Mate®

Easy payroll tax reporting, compliance, record keeping and data export / import capabilities.

Prepares and prints federal payroll forms 941 (Quarterly Federal, Social Security and Medicare Tax Return), 940 (Annual FUTA Tax Return), 943 (Annual Federal, Social Security and Medicare Tax Return for Farmers), 944 (Annual Federal Tax Return for...

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Date: 2017-12-31 17:16:41

Tax FAQ - State of Oregon

I just learned my electronically-filed return refund is going to be delayed. Why?

All returns are processed through our computerized processing system, regardless of how the return is prepared, or whether it is mailed or e-filed. A return with a situation that's outside our system's processing abilities is processed manually, which takes more time.

I just received the OTTER CD. I would prefer to...

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Date: 2018-03-23 02:39:29

How to Form an LLC in Florida (free online course) | LLC ...

- Tax ID Number

- Federal Employer Identification Number (FEIN)

o Needed for banking and more: Besides being used by the IRS for tax purposes, you'll need your LLC's Federal Tax ID Number when you go to open an LLC business checking account. You'll also use your LLC's Federal Tax ID Number when operating with other businesses and for the registration of certain business licenses and permits.


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TurboTax 2018 Tax Preparation Software

TurboTax Free Edition � >> edition details

Choose the TurboTax Online FREE Edition if you have a simple return and only need limited tax guidance. This edition works well for any income level and is an easy way to prepare your taxes for FREE. This Edition does NOT cover tax schedules C, D, E, and F

The TurboTax Online Free Edition searches for any tax credits you may be...

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Date: 2017-12-01 17:50:12

Tax reform: How will the new tax bill affect me? - CBS News


Last Updated Dec 19, 2017 3:01 PM EST

Congress on Wednesday passed the "big, beautiful" tax cut President Trump long promised, without the support of a single Democrat. Soon the president will sign the biggest change to tax law in 30 years -- perhaps before he heads to Mar-a-Lago for his holiday break. 

Here's a look at some of the highlights in the new tax plan and how they'll...

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Related topics : corporation income tax return / free income tax return filing / individual income tax return 2017 / income tax return form 2017 / individual income tax return filing

How to Pay your Nanny's taxes yourself - Pixel Theory


1. Create an Employer Identification Number (EIN)

Apply for an Employer Identification Number (EIN) Online


This will get you a Federal ID number (EIN) to register as a household employer. You can use your own name as the employer name.

Cost: Free.

2. Fill out a State of Washington Business License Application

Cost: $19 (within Seattle, may be...

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Date: 2018-03-15 04:20:07

Alternative Minimum Tax: Common Questions - TurboTax Tax ...


Why does the AMT exist?

In 1969, Congress noticed that 155 people with high incomes were legally using so many deductions and other tax breaks that they were paying absolutely nothing in federal income taxes. Their nonexistent tax bills were an embarrassment.

So Congress instituted the AMT with the aim of making the tax system fairer. But because the AMT was never indexed to inflation--as...

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Employers’ Guide – Payroll Deductions and Remittances ...

This is a monthly withholding amount (MWA), not an AMWA . For more information, go to Chapter 8


Chapter 1 - General information

Do you need to register for a payroll program account?

You need to register for a payroll program account if you meet any of the following conditions:

pay salaries or wages

pay bonuses or vacation pay

provide benefits or allowances to employees

need to report,...

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Date: 2019-04-09 21:49:28

Deductible medical costs if you qualify for a disability ...

A taxpayer can claim medical expenses paid for themselves as well as for their spouse, common-law partner and dependents.� A dependent can include; the�taxpayer or their spouse/common law partner's child or granchild or the�taxpayer of their spouse/common law partner's parent, grandparent,�sibling, uncle, aunt, niece or nephew whom lived in Canada at any time�during

Sep 10...

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Canadian Snowbirds and U.S. Tax


Many Canadians have found that the best way to deal with the harsh Canadian winter is to not deal with it at all. Instead they fly to sunny Florida, or other locations in the southern United States, for several months out of the year. Although the weather can be enticing, Uncle Sams tax collector, the Internal Revenue Service, may have a few unpleasant surprises for the unwary. ...

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Date: 2010-05-13 13:56:44

The Income Tax Ordinance, 1984 [CHAPTER-IV CHARGE OF ...

[16E.] Deleted F.O. 2013

17. Scope of the total income.-

(1) Subject to the provisions of this Ordinance, the total income of any income year of any person includes-

(a) in relation to a person who is a resident, all income, from whatever source derived, which-

(i) is received or deemed to be received in Bangladesh by or on behalf of such person in such year; or

(ii) accrues or arises, or is...

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Related topics : business income tax return / income tax return loans 2015 / income tax refund loans 2015 / earned income tax return / income tax return loan

U.S. Tax Solutions for resident alien and nonresident ...

Damage awards for physical injury or sickness

Cash rebates from a dealer or manufacturer for an item you buy

Reimbursements for qualified adoption expenses

In addition, some types of income are not taxable except under certain conditions, including:

Life insurance proceeds paid to you are usually not taxable. But if you redeem a life insurance policy for cash, any amount that is more than the...

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Stiffed by the state: Why the unprecedented delay in I.C. tax refunds

Roughly as soon as a day, Rosen fields an e mail from a a annoyed or curious shopper checking on the standing on their refund. "I inform them to not fear," she stated. "New Jersey is being cautious. They don't need to problem refunds with out doing their due ....

Continue reading on

Transcript: Top-tier CNN Republican...

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Techniques for Discovering Hidden Assets and Unreported ...

Sunday, June 15, 2014�� ( 0 Comments )

Posted by: Darlys S. Harmon-Vaught, Ed.D, CDFA, CFE

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Financial issues involved in a divorce - especially high net worth cases - can often become rather complicated. Unreported income and hidden assets are often alleged in divorce proceedings, usually by the spouse who is either not running a business or has not been in charge of the family...

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International Tax Returns Form 5471 Form 8865 Controlled ...

International Tax Returns

Your CPA is probably very competent in preparing most parts of your tax return.� However, theinternational tax return portions may exceed your CPA's abilities.� Among the parts that may require international tax advice are:

Forms 5471 :� must be filed for each controlled foreign corporation (CFC) in which you are a 10% or more ...

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Related topics : individual income tax return form / income tax return form 1040nr / income tax return form / government tax return forms / tax return forms

Printable 1099 Forms | Printable W2 Forms | Blank and ...

Quick 1099 Forms Q&A

(1) Do you offer printable 1099 tax forms?

Yes we offer a full line of printable 1099 tax forms at very affordable prices. Please visit our

printable 1099 tax forms page to read more.

(2) I need to order 2017 1099 forms, but I am not sure where to start.

On this website you will find different types of 2017 1099 tax forms including 1099-MISC, 1099-INT, 1099-DIV and 1099-R....

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Goodwill CPA Tax Accountant discusses Goodwill ...

Goodwill CPA Tax Accountant discusses Goodwill Amortization | IRS Form 4562 Depreciation and Amortization | Amortization Schedule | IRS Publication 535

By Gary Bode CPA, on January 8th, 2018

" data-medium-file=""...

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2019 Federal Income Tax Filing Requirements

2019 Federal Income Tax Filing Requirements - We make tax filing easy! Spend less, but get more with the best tax preparation software. The easy, simple, and 100% accurate way to file taxes online.

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2019 Federal Income Tax Filing Requirements

I'm trying to save you time and money to return your software! Do not pay attention to these numbers, until you have finished your entire return and pressed & quot;...

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Website: ...

Related topics : federal tax filing income requirements / file federal income tax return online / file federal income tax return / federal tax return income requirements / file income tax return online

Top 5 Free Online Tax Preparation Software & Services 2018


Top 7 Options for Free Online Tax Preparation Software & Services

By Brian Martucci

Share11 Tweet51 Pin2 Comments14

Bank account promotions aren't the only way to get your hands on free money.

If you have a relatively simple tax situation - for example, if you work for a single employer and don't qualify for many itemized deductions - you can take...

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Website: TurboTax Home & Business Tax Software 2017 Fed ...

Everything You Need to Easily Do Your Personal and Self-Employed Taxes

Extra guidance for new businesses - shows startup tax deductions new businesses can take

Extra coaching to maximize small business and self-employment deductions, such as home office, vehicle, phone and supplies

Walks you through industry-specific tax write-offs to help you spot commonly-overlooked deductions

Extra help for...

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2017 Tax Reform: Checkpoint Special Study on foreign ...

2017 Tax Reform: Checkpoint Special Study on foreign income, foreign persons tax changes in the "Tax Cuts and Jobs Act"

On December 22, President Trump signed into law H.R. 1, the "Tax Cuts and Jobs Act," a sweeping tax reform law that promises to entirely change the tax landscape.

While the final version of the legislation carries the title "An Act to provide for reconciliation pursuant to...

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Liberty Tax, 4109 Gunn Hwy, Tampa, FL (2019)

Liberty Tax Service is your local income tax preparation franchise, offering quality tax preparation at an affordable price and always with a smile!

Tax Withholding | Internal Revenue Service

The IRS urges you to perform a Paycheck Checkup today to make sure your tax withholding is right for you! Body The Tax Cuts and Jobs Act changed the way tax is calculated. The IRS encourages everyone...

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Date: 2019-03-08 15:59:38

Tourist Development Tax - Escambia County

Please note, if you already have a TDT account with Escambia County, you should have received a letter containing login information for Excise. If you did not receive this letter contact Escambia County at:

Escambia County Clerk of Courts

Tourist Development Tax

221 Palafox Place, Suite 140

Pensacola, FL 32502


What is the Tourist...

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Tax – Nonresident Aliens & Foreign Entities

Tax - Nonresident Aliens & Foreign Entities

Withholding of Tax

In most cases, a foreign person is subject to U.S. tax on its U.S. source income. Most types of U.S. source income received by a foreign person are subject to U.S. tax of 30%. A reduced rate, including exemption, may apply if there is a tax treaty between the foreign person's country of residence and the United States. The tax is...

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IRS Increases Annual Gift Tax Exclusion for 2018 - Sol ...

the annual gift tax exclusion is increasing next year due to inflation. After five years of being stuck at $14,000, the exclusion will be $15,000 per recipient for 2018 -- its highest point ever.

Section 529 Plans: Make Five Years of Gifts in a Year

Normally, a gift made directly to a family member to pay for college education costs would be covered by the annual gift tax exclusion, up to the...

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Donald Trump releases financial info, but still no tax returns

John Feehery, Republican strategist, and Steve Clemons, Washington Editor-at-large for The Atlantic, discuss Donald Trump and his decisions regarding his tax returns.

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Only Trump's tax returns will reveal information such as his gross income and what kind of business expenses and deductions he used to determine how much of his earnings were subject to taxation.


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Date: 2018-03-23 08:47:13