David Lerner Associates: Tax Law Patches the AMT Permanently
The payroll tax holiday that was in effect for 2011 and 2012 was not extended for 2013 and as a result, most workers' take-home pay is now lower than it was at the end of 2012.
David Lerner Associates: How to Give Money to Family Members Without Incurring Taxes
Many people aren't aware that gifts to family members could be subject to federal gift taxes. The American Taxpayer Relief Act (the legislation passed on January 1, 2013, that averted the so-called fiscal cliff) raised the top estate and gift tax rate from 35 to 40 percent.
David Lerner Associates: Clinton Proposes Tax Relief for Family Caregivers
Democratic presidential candidate Hillary Clinton recently proposed a set of initiatives aimed at caregiving families and workers, including a tax credit to offset up to $6000 in costs associated with caring for elderly and disabled family members and an expansion of Social Security benefits to individuals acting as unpaid caregivers for loved ones.