by Teresa Klenk | Jan 13, 2018 | Tax
Beginning January 1, 2018, Section 1031 like-kind exchange tax deferral will no longer apply to exchanges of tangible personal property. Under the Tax Cuts and Jobs Act, only real property will qualify for tax deferral in a like-kind exchange. Many exchanges of real...
by Teresa Klenk | Dec 20, 2017 | Tax
The tax bill formerly known as the Tax Cuts and Jobs Acts adds new Section 199A, the Qualified Business Deduction. Here is what you need to know. Who Qualifies for the new Section 199A Qualified Business Deduction? Any taxpayer (other than a corporation) that is...
by Teresa Klenk | Dec 13, 2017 | Estate Planning, Probate
When a family member dies, the person selected as the executor of the estate is often one of the largest causes of family discord. In some cases, the other family members feel slighted, even if they never wanted to be the executor. In other cases, when family members...
