Tax Blog

Select Page

Category: Uncategorized

Doing Well By Doing Good

Lifetime charitable giving, properly planned, may afford income tax savings. Under current federal income tax law, the income tax charitable deduction is available to taxpayers who itemize deductions rather than take the...

Read More

An Alternative to 1031 Exchanges

IRC § 1400Z-2, under The Tax Cuts and Jobs Act of 2017, established an investment program designed to provide preferential tax treatment for investment in developments located within certain designated economically distressed...

Read More

How Long Should You Keep Your Tax Records?

The length of time you should keep tax records depends on the action, expense, or event which the records will substantiate. Generally, you should keep records until the statute of limitations period for an audit or assessment...

Read More

Lifetime Estate Tax Exemption

With the historically high gift and estate tax exemption amounts ($11,180,000 in 2018, increasing to $11,400,000 in 2019) currently in effect, wealthy taxpayers are encouraged to make lifetime gifts to use up some or all of...

Read More
Loading

Newsletter Subscription

Disclaimer

Tax Blog is published by Dickinson Wright PLLC to inform the public of important developments within the firm and practice areas. The content is informational only and does not constitute legal or professional advice. We encourage you to consult a Dickinson Wright attorney if you have specific questions or concerns relating to any of the topics covered in this blog.

Categories