Key Numbers 2018
Key tax and retirement numbers and limits for the 2018 tax year
Tax Cuts and Jobs Act: Impact on Individuals
Some of the major changes included in the 2017 tax legislation are summarized, and are effective for tax years 2018 through 2025.
Tax Cuts and Jobs Act: Impact on Businesses
The corporate rate change and some of the other major provisions that affect businesses and business income are summarized
2017 Key Income Tax Numbers
Forefield Concept Piece Qualified charitable distributions (QCDs) Qualified charitable distributions (QCDs) are distributions made directly from an IRA to a qualified charity. Such distributions may [...]
IRS Tax Guidance on Same-Sex Marriage
Guidance issued in response to recent Supreme Court decisionThe Treasury Department and IRS guidance was issued in response to the recent Supreme Court case striking [...]
Current tax changes: keeping track of new and expiring provisions (2012)
A number of significant federal income tax provisions expired at the end of 2011, a fact that might be easily overlooked with so much attention [...]
New cost-basis reporting rules being phased in
Calculating Cost Basis Gets Easier This YearBrokers must track and report cost basis to both you and the IRSAnyone who has ever been baffled by [...]
2012 Tax Deadline Pushed to April 17th
Aptly Named: "Emancipation Day" Taxpayers will have until Tuesday, April 17, to file their 2011 tax returns and pay any tax due because April 15 [...]
Retirement and Tax Planning: 2012
Every year brings some financial change, so here are some relevant changes relating to investment, tax and estate planning for 2012. Retirement plans. 401(k), 403(b) [...]
Financial Checklist for year-end, 2011
The end of the year is a good time to review your personal finances. What are your financial, business or life priorities for 2012? Try [...]
10 End-of-Year Tax Tips – 2011 Edition
The window of opportunity for many tax-saving moves closes on December 31. So set aside some time to evaluate your tax situation now, while there's [...]
Employee Benefits Overview
Offering Employee BenefitsIn today's competitive job market, an attractive employee benefit package can be a useful tool to help you recruit new employees and retain [...]
States owe Uncle Sam $38B for unemployment insurance
Sara Murray, reporting (1) for wsj.com, reports on the $38 Billion owed to the federal government by 27 states for unemployment benefits. At a tricky [...]
The spousal IRA rule
Generally, you can contribute up to $5,000 to an IRA in 2011 ($6,000 if you'll be age 50 or older by the end of the [...]
Should you use the estate-tax exclusion amount now? (2011)
The applicable exclusion amount is the amount that can be sheltered from federal gift and estate tax by the unified credit. The applicable exclusion amount [...]
Estate Tax Changes Under the 2010 Act
IntroductionThe Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the 2010 Tax Act) was signed into law in December 2010. This law [...]
Estate (& Gift) Tax Exclusion Portability
What is the applicable exclusion amount?The applicable exclusion amount is the amount that can be sheltered from federal gift and estate tax by the unified [...]
The New Estate Tax Rules (2011)
Looking aheadWithout further legislation in the interim, the provisions of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 are scheduled to [...]
2011: Mid-Year Income Tax Planning
At this time last year, income tax planning was particularly challenging. Several tax deductions had already expired, and significant changes, including new, higher income tax [...]
Key Tax & Retirement Numbers (2011)
2011 Key Numbers Individual Income Tax Planning Alternative Minimum Tax (AMT), child tax credit, earned income tax credit, itemized deductions, kiddie tax, personal exemptions, and [...]