Answers to Some Basic Client Tax Questions
The Reconciliation (“Tax Cuts and Jobs”) Act of 2017 (“Act”), signed into law on December 22, 2017, raised the estate tax exemption to $11.7 millionper person ($23.4 million for couple)…
The Reconciliation (“Tax Cuts and Jobs”) Act of 2017 (“Act”), signed into law on December 22, 2017, raised the estate tax exemption to $11.7 millionper person ($23.4 million for couple)…
The Constitution of the United States and the privacy laws that have emanated from its protections guarantee the right of each competent adult to act in his or her own…
The high inflation amounts that households and businesses have been experiencing this year are likely to lead to larger increases in tax brackets and other inflation-adjusted tax items in 2022.…
On July 23, 2021, the Social Security Administration (SSA) released new guidance about how pandemic-related financial assistance will affect an individual’s eligibility for Supplemental Security Income (SSI) or their monthly…
The board overseeing the largest public retirement plan in the United States has not comprehensively assessed the risks climate change poses to its investments, a U.S. federal agency says, sparking…
We all know to be cautious when it comes to our Social Security number. If this information falls into the wrong hands, you could easily become the victim of identity theft. Criminals…
In Mississippi, a Will must be totally handwritten and signed by the maker (testator), OR it must executed with certain formalities, including at least two witnesses who sign at the…
A recent thread on an advanced elder law listserv involved a client who plans to “sell” her residence to her granddaughter for the value of the reverse mortgage owed on…
Democrats spent much of the 2020 presidential primary debating the best way to expand public health insurance. They sparred over whether to enroll everyone in public coverage — the preferred…
A recent study supports the Center for Medicare Advocacy’s long-held concern about increasing out-of-pocket costs for Medicare beneficiaries. In summary, requiring beneficiaries to pay more of their own money will…