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Home > In Legal Terms > In Legal Terms: Charitable Contributions and Other Tax Changes
Podcast: In Legal Terms
Episode:

In Legal Terms: Charitable Contributions and Other Tax Changes

Category: Government & Organizations
Duration: 00:00:00
Publish Date: 2018-11-27 15:00:00
Description:

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

Total Play: 0

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