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Potential Double Benefit from a Tax Deduction
For most taxpayers, the amount of federal income tax they pay each year often depends upon where they fall in the federal income tax brackets and on the breakdown of their taxable income between ordinary (e.g., wages) and capital gains from the sale of assets (e.g., common stock).
 
Medicare Part B Premiums Increase
As individuals age 65 and older may already know, Medicare Part B (Part B) premiums have gone up.
 
Annual Gift Tax Exclusion
The Annual Gift Tax Exclusion provides a tax advantaged way to reduce your taxable estate and make generous gifts, as well.