The shifting 2025 tax brackets include an increase to the standard deduction. For married couples filing jointly, the standard deduction will now be $30,000, up from $29,200. Single taxpayers can ...

Trump's "trifecta win" ensures Americans will continue enjoyng low taxes. Low taxes should lift stocks and economic growth ...

Warning: This column contains numbers. With the 2024 election in the rearview mirror, we may soon get some certainty ...

The federal estate tax exemption will increase to an historically high $13,999,000 in 2025, but it is then scheduled to drop ...

Election dependent issues are on top of clients' minds as they seek advice on taxes, life insurance and the stock market.

In 2017, President Donald Trump signed a major tax cut. To contain its cost, Republicans scheduled many of the provisions to ...

A. The answer is yes. Payments received from both LFP and ELAP are taxable in the year the payment is received. A 1099-G will ...

For most business owners, retirement is either a subject they welcome or the last thing they want to think about. If you are ...

In 2018, as part of the “Trump tax cuts,” the federal estate, gift and generation-skipping transfer (GST) tax exemption was ...

More than 30 trade groups across the energy, farming and transport sectors say a lack of US government guidance on tax ...

Service members have access to many savings and investment opportunities, including some unavailable to civilians.

In 2017, the federal gift and estate tax exemption was $5.49 million 1. The Tax Cuts and Jobs Act of 2017 doubled the gift ...