by Arthur Geffen | Apr 15, 2019 | Income Tax
This spring marks the first time taxpayers are filing under the Tax Cuts and Jobs Act. The 2018 standard deductions is now $12,000 for single filers and $24,000 for married filing jointly, and itemized deductions have been limited. You can file for a six-month...
by Arthur Geffen | Mar 11, 2019 | Deductions
Tax deductions and credits reduce the amount you owe the government, possibly resulting in a larger tax refund or a smaller tax bill. You don’t want to leave any money on the table, and careful planning combined with studying up on deductions and credits...
by Arthur Geffen | Feb 15, 2019 | Estate Tax
The overhaul doubled the estate- and gift-tax exemption, which is a combined amount that applies to an individual’s gifts made during life or assets left at death. For 2018, the limit rose to $11.18 million per individual and $22.36 million per married couple....
by Arthur Geffen | Feb 13, 2019 | Medicare
Good news: We’ve finished mailing new Medicare cards across the country! You should’ve received your new card by now. Here’s what to do next: Carry and use your new Medicare card when you need care. Protect your Medicare Number and card, just like you...