Tax

Tax Deadline3

16 Jul July 31

Employers: For Social Security, Medicare, and withheld income tax, file IRS Form 941 for the second quarter of 2018. Deposit any undeposited tax. If your tax liability is less than $2,500, you can pay it in full with a timely filed return. If you deposited...

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Case Study

12 Jul More Give in the Gift Tax

The Tax Cuts and Jobs Act of 2017 increased the federal estate tax exemption to $11.18 million for 2018. That is per person, so the combined exemption for a married couple can be as much as $22,360,000 worth of assets this year. The same ceilings apply...

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