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Will the Estate Tax Ever Go Away?

Business / Taxes

Aplus Legal Advice  |  2022.09.03 00:43  |  709 views

The Estate Tax is the tax that the government puts on the assets that are transferred to your beneficiaries when you die. Taxable assets can include real estate, stocks, money in a bank account, and other valuable belongings. It does not look like the estate tax will permanently go away. However, with careful planning, you can reduce taxes.



What Is a Dependent for Tax Purposes?

Business / Taxes

Aplus Legal Advice  |  2022.09.03 00:53  |  691 views

What are the qualifying characteristics of a dependent for tax purposes? Following is a general explanation on how to determine dependents, and how it relates to your tax status, liability, and the credits you can claim on your tax return.



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