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Planned Giving
News
Friday November 22, 2019
Savvy Living
How do I go about making a family health history? Most of my relatives have died before age 65. My doctor suggested I...More |
Washington News
With the doubling of the standard deduction in 2018, the number of taxpayers who itemized deductions declined substantially. In 2017, nearly 30% of taxpayers itemized, but with the larger standard deductions, only about 10% of taxpayers will itemize this year.
The standard deductions in 2018 doubled to $24,000 for married couples and $12,000 for individuals. The married standard deductions increased to $24,400 in 2019 and $24,800 in 2020. Individual standard deductions are one-half the married number.
What tax planning strategy might benefit generous taxpayers who know there is a large...More |
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Personal Planner
Jacqueline Kennedy Onassis was diagnosed with cancer in January 1994. She signed a will in the New York offices of a...More |
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