» Tax Issues

Feeling Generous? Gift Aw…

Feeling Generous? Gift Away!

March 12th, 2019
Contributor: LeClair L. Flaherty
We can each gift unlimited wealth to our spouses without having to pay gift tax.  In addition, we can each make lifetime gifts totaling $11,400,000 to people other than our spouses before gift tax kicks in.  This number is indexed for inflation, so… Read More
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Categories: Blog, LeClair L. Flaherty, Now You Know It, Tax Issues
Breaking the (Tax) Code

Breaking the (Tax) Code

February 5th, 2019
Contributor: Heather B. Miles
The reforms in the Tax Cuts and Jobs Act represent the most sweeping tax overhaul in 30 years.  Here are some of the most important changes that may affect your business: Qualified Business Income Deduction. Many owners of pass-through businesses, s… Read More
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Categories: Blog, Heather B. Miles - Attorney, Now You Know It, Owning a Business, Tax Issues

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