Since March 2020, there have been several major tax law changes passed that may impact your 2020 tax return and other tax years depending on your tax situation. To provide relief to taxpayers for the COVID-19 pandemic, Congress passed the […]
Tax Legislation
By Craig Mulcahy, CPA, MBT Significant federal tax law changes have become the norm in the last couple of years—from the Tax Cuts and Jobs Act, to the CARES Act, as well as the American Rescue Plan Act. Needless to […]
Due to the proposed tax increases by the Biden administration, estate planners, CPAs and financial advisors, are searching for ways to avoid the potential hit from higher taxes on both investment income and the proposed capital gains taxes at death. […]
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