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Thank You Inflation

You can keep more money from the IRS next year, thanks to inflation.. The Internal Revenue Service will allow Americans to shield more of their income from taxes in 2023 because of higher inflation, the agency announced Tuesday, raising income thresholds for all tax...

The U.S. Government is giving everyone a break on estate taxes…for now. How can you take advantage before the break goes away?

Here is a question that we receive on an almost daily basis from our clients:  “I’ve read in the news that the estate and gift tax exemption is going to be reduced.  How can I take advantage of the current exemptions before they are cut?” Right now the current gift...

Trump Triumphs Over New York Taxes

Florida has its first President! Donald and Melania Trump are now permanent residents of Florida.  They did this in October by recording a “Declaration of Domicile” in Palm Beach County court. The New York Times reported that the move was “primarily for tax purposes.”...