In its third in a series of weekly tax preparedness releases, the IRS has encouraged taxpayers to carefully choose a return preparer before the next filing season. The IRS reminded taxpayers that choosing a return preparer now will give them more time to consider options before the start of the 2016 filing season. The tips […]

This year’s presidential election has drawn significant attention, but the elections you make on your 2015 personal tax return can be just as important to your financial welfare. Here’s a list of 10 potential elections for individuals (including self-employed taxpayers) to consider making before tax day on April 18, 2016 (or April 19 for taxpayers […]

In 2016, the federal gift and estate tax exemption increases to $5.45 million (up from $5.43 million for 2015). But that’s not all that’s changed. In recent months, there have been several significant developments on the estate tax front. Here are some tips to help you stay atop the changes. New Basis Consistency Rules for […]