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Latest Advisories

Repeal of Alimony Deduction May Have Unintended Consequences on Post Divorce Grantor Trusts

Repeal of Alimony Deduction May Have Unintended Consequences on Post Divorce Grantor Trusts

Feb 20, 2019

The Tax Cuts and Jobs Act, (The Act), has brought with it many changes that impact all taxpayers. One of the provisions of The Act that may impact many Americans is the new legislation that repealed the alimony deduction after 12/31/2018. Most people ...

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Making Stock Sales Less Taxing

Feb 14, 2019

Patient investors generally have prospered over the long term. Nevertheless, there are many reasons for selling stocks. Knowing the basics can help improve your tax position. Selling shares held in a taxable account will trigger taxable capital gains ...

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Do You Know Who Your Partnership Representative Is? The IRS Wants to Know

Feb 14, 2019

It is now the middle of February, 2019 and we have already been exposed to a great many tax returns that are subject to the new IRS Partnership audit rules, which became effective on January 1, 2018. Unfortunately, we have seen very few Partnerships ...

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