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Tax Planning

What is a gift tax?

Here is what a gift tax is and how much money you can give away without reporting to the IRS.

What to know for year two of the Trump tax plan

Last year's filing season was an adjustment for taxpayers and industry professionals alike as it was the first under a massive overhaul of federal tax law. While this year's season is expected to be more sedate, there are a few tweaks to be aware of.

Michael Cohen owes $1.9M to IRS: Report

Michael Cohen, the former personal lawyer and “fixer” for President Donald Trump, was handed a federal tax lien in excess of $1.9 million from the Internal Revenue Services, according to a report.