Alisa Kim O’Neil, JD, CTFA, Director of Estate and Financial Planning
The IRS announced its 2018 inflation adjustments on October 19th. It covers more than fifty (50) tax provisions, but here are some of the highlights which we believe will be useful in looking into 2018.
For an in-depth list of all of the 2018 adjustments, please go to:
https://www.irs.gov/pub/irs-drop/rp-17-58.pdf
If you have any questions or would like to discuss any changes to your tax planning in light of these 2018 updates, please contact our Estate and Financial Planning group or your tax professional.
Important: This article does not contain any legal or tax advice. You should always consult with your attorney, accountant or other professional advisors before changing or implementing any tax, investment or estate planning strategy.
IRS Circular 230 Disclosure: Pursuant to IRS Regulations, we inform you that any tax advice contained in this communiation (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding tax related penalties or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.