Valuation Discounts for Estates and Gifts May End

Earlier this month, the IRS released proposed regulations aimed at eliminating certain practices of transferring value to descendants at a discounted value.  The proposed regulations under IRC Section 2704 are aimed at two current estate

New mortgage interest deduction limit for unmarried co-owners

Many taxpayers take advantage of the itemized mortgage interest tax deduction on the mortgage interest paid in a calendar year on their first and second residences.  Until recently, the amount of interest a taxpayer can

A new strategy for upping your retirement contribution game

Many people are aware of the ability to contribute to their employer’s 401(k) plan, currently set at $18,000, either through a tax-deferred 401(k) account or a tax-free Roth 401(k) account. However, many employer 401(k) plans

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