For those taxpayers that take the standard deduction, the CARES Act created a new incentive that if you donate up to $300 in cash to a qualified organization as a charitable contribution, you can receive an additional $300 deduction in addition to the standard deduction. #TuesdayTip
During the season of giving, don’t forget that charitable contributions continue to be deductible if you itemize deductions. #TuesdayTip
Last weekend we were grateful to have a sponsor’s table at the #DoYouGiveARuck? March. Despite the weather, it was a wonderful event to support our Veteran community.
We are proud Silver Sponsors for #DoYouGiveARuck? March against PTSD. As a Veteran-owned firm, we are enthused to support a not for profit event that seeks to promote local businesses, veterans, and help those in need in the community. https://m.facebook.com/story.php?story_fbid=499854403934583&id=436414103611947
Impact 100 is one of the many sponsors we are proud to be actively involved with. Robin A. Lloyd was featured on Impact 100’s website for 2019 Impact Day.
Many things are still unknown about the new Tax Law. Attached is a review of the various Code provisions. The most important aspect is the “Expiration Dates” of the various sections. There has been a lot of discussion about the estate tax. It should also be noted that the income tax and several other sections […]
Robin A. Lloyd, Sr., Esq. January 23, 2018 Greetings from the Heckerling Tax Institute. They are trying to explain the new tax code this week. Since the Tax Code has many parts, this is not easy. Although a law has been passed the next step is the Regulations where Treasury explains what the Code means. […]
Robin A. Lloyd, Sr., J.D. January 9, 2018 GUNS, GUNS EVERYWHERE! Apparently, because of the concern over a potential firearms ban, a good number of people bought firearms over the last few years. Because of our estate planning work, I started to think back at how many estate inventories I had with weapons in them. They […]
As the House and the Senate try to reconcile the differences in their tax bills and build the similarities into coherent tax law, there are some aspects of current tax law that should be taken advantage of before year’s end. Charitable Deduction Contributions Although both versions of the tax bill maintain charitable contribution deductions, […]
The Senate narrowly passed its Tax Reform Bill in the early hours of Saturday morning, with a 51-42 vote in which no Democrats voted in favor of the bill. This marks a significant achievement toward real tax reform, as the House and the Senate now enter conference to merge the House Tax Bill and […]