On December 20, 2019, President Trump signed the SECURE (Setting Every Community Up for Retirement Enhancement) Act into law and most of its provisions became effective on January 1, 2020. […]
The Federal tax law that passed in December of 2017 and effective January 1, 2018, made some changes to the circumstances under which an estate tax would be charged to […]
Due to the Tax Cut and Jobs Act of 2017, there are significant divorce tax implications to consider. Here are the main highlights: Child-Related Divorce Tax Implications The dependent exemption […]
Minnesota is among the top five states in the nation with the highest income tax rates according to the Tax Foundation. Minnesota is also one of fifteen states that impose […]
For the year 2016, the amount a person can pass during his or her lifetime or upon death free of estate and gift tax will increase due to an inflation […]