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Recent Updates

Taxes take center stage in the 2024 presidential campaign

Sep 30 in Individual Tax Alerts, Tax Info

Early voting for the 2024 election has already kicked off in some states, but voters are still seeking additional information on the candidates’ platforms, including their tax proposals. The details can be hard to come by — and additional proposals continue to emerge from the candidates. Here’s a breakdown of some of the most notable ... Read More ›

Independent contractor vs. employee status: The DOL issues new final rule

Feb 27 in Individual Tax Alerts, Tax Info

The U.S. Department of Labor’s (DOL’s) test for determining whether a worker should be classified as an independent contractor or an employee for purposes of the federal Fair Labor Standards Act (FLSA) has been revised several times over the past decade. Now, the DOL is implementing a new final rule rescinding the employer-friendly test that ... Read More ›

Get ready for the 2023 gift tax return deadline

Feb 23 in Individual Tax Alerts, Tax Info

Did you make large gifts to your children, grandchildren or others last year? If so, it’s important to determine if you’re required to file a 2023 gift tax return. In some cases, it might be beneficial to file one — even if it’s not required.

Who must file?

The annual gift tax exclusion has increased in 2024 ... Read More ›

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