Kiddie Tax No Longer Based on Parents’ Tax Rate

, , , , , , , , ,
Article Highlights: Parents Attempting to Shift Income to Children Kiddie Tax Tax Reform Changes Tax on Child’s Unearned Income Tax on Child’s Earned Income Some years back, it was not uncommon for parents to put…
Investment Deductions

So Long To The Tax Deduction For Investment Expenses

,
Under the new tax reform law, investment expenses are no longer deductible as a miscellaneous itemized deduction. This means, for example, that if you have an investment account and are paying fees to have it managed, those fees are no longer…