Category: Tax Central

Article Highlights: Estate Tax Exclusion  Why a Will or Trust?  Life-Changing Circumstances  Beneficiaries  When was the last time you or your attorney reviewed or updated

Article Highlights Overlooked or Late Information  Three Year Refund Statute  Multiple Amendments  Amending State Return  If you discover that you forgot something on your tax

Article Highlights: Forgoing Vacation, Sick, or Personal Leave in Exchange for Ukrainian Relief  Program Duration  Employee and Employer Tax Implications  IRS Notice 2022-28  There is

Article Highlights Filing status Adjusted gross income (AGI) Taxable income Marginal tax rate Alternative minimum tax (AMT) Tax Credits Underpayment of estimated tax penalty When

Article Highlights: Social Security Administration  Contractors  Internal Revenue Service  U.S. Postal Service  Withholding & Estimated Tax Payments  Health Insurance Marketplace  This is the time of

Article Highlights: Americans Living and Working Abroad  Extension Requests  Report of Foreign Bank and Financial Accounts (FBAR)  Statement of Foreign Financial Assets  Estimated Tax Payments 

Article Highlights: Home Sale Exclusion 2 out of 5 Rule Business Use of the Home Gain or Loss from a Sale Previous Use as a

Article Highlights: Gift Tax Rule  Annual Exemption  Lifetime Exemption  Medical and Tuition Exemptions  Gift Splitting  Gifts of Property  If you are financially well off, you

Article Highlights: Non-Refundable Tax Credit  Other Incentives  Qualifications  Financing  Who Gets the Credit  Credit Timing  Newly Constructed Homes  Batteries  If you have been considering installing

Article Highlights: Charitable Itemized Deductions  Bunching Deductions  Qualified Charitable Distributions  Donor-Advised Funds  Volunteer Expenses  Misconceptions  Household Goods and Used Clothing  Documenting Charitable Contributions  Your charitable