In Legal Terms: Charitable Contributions and Other Tax Changes
Professor Richard Gershon reminds us of the impact of the Tax Cuts and Jobs Act for 2018. Charitable contributions and other deductions, exemptions, and tax planning are discussed.
Personal exemptions eliminated
Standard Deduction almost doubled
Child and Dependent tax credit increased
Beware of Alternative Minimum Tax and Kiddie Tax
Tax Reform Basics for Individuals and Families https://www.irs.gov/pub/irs-pdf/p5307.pdf
Hosted on Acast. See acast.com/privacy for more information.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.