The Setting Every Community Up for Retirement Enhancement Act of 2019 became effective on January 1, 2020, but you may have heard or read about it as the SECURE Act. The federal legislation could significantly affect your retirement accounts and estate planning, so it pays...
Some people with substantial wealth have been hesitant to take advantage of the increase in the estate and gift tax exemption included as part of the 2017 Tax Cuts and Jobs Act. Questions about whether the Internal Revenue Service would clawback gifts to increase the...
The IRS recently estimated that more than 4,500 people across the country lost almost $23 million to scammers calling and threatening arrest and seizure of assets for unpaid taxes. Announcements by the IRS and law enforcement agencies alerting the public about the scams and cautioning...
