Author archives: Whitney Hurtt

August 14 , 2018 | Posted by Whitney Hurtt |

Should You Revisit Your Estate Plan?

The Tax Cuts and Jobs Act (TCJA) increased the exemption amount for the individual estate, gift, and generation-skipping transfer (GST) tax exemptions to almost $11.2 million (double this for married couples). To put it more simply, individuals can pass assets to heirs up to $11.2 million during their lifetime or at death without triggering any…

November 17 , 2016 | Posted by Whitney Hurtt |

November 2016 Tax Compliance

Due Date Changes for 2016 returns

In July 2015, the highway funding bill was enacted. The bill modified the due date for several common returns with tax years beginning after December 31, 2015.  These changes were made with hopes of getting K-1’s in the hands of owners in advance of those owners’ actual filing deadlines.