Notice 2018-62, 2018-34 I.R.B. ___ (8/20/2018), provides guidance on the application of the new expanded contribution limits to “ABLE” (“Achieving a Better Life Experience”) accounts under IRC section 529A. According to the IRS, a designated beneficiary who works may contribute (in … Continue reading
Daniel Evans
The Act of October 30, 2017, No. 43, P.L. 672, amended the Tax Reform Code of 1971 by adding new requirements for the withholding of Pennsylvania income tax from payments of Pennsylvania source income to nonresidents, and the Department of … Continue reading
Below is an overview/explanation from Webcalculators. For information about the effects of the 2017 tax act on trusts and estates, see “Summary of the Reconciliation Act of 2017“. … Continue reading
This is an overview/explanation from Webcalculators. (For additional information about grantor trusts, see “Intentional Grantor Trusts in Pennsylvania.”) … Continue reading
This is an overview/explanation from Webcalculators: … Continue reading
This is an overview/explanation from Webcalculators: … Continue reading
This is an overview/explanation from Webcalculators: … Continue reading
This is an overview/explanation from Webcalculators: … Continue reading
In addition to the domain change that has been announced for Webcalculators, two new calculators have been added: Factors to determine the present value of the income interest and remainder for terms of years, one life, two lives, and the shorter … Continue reading
This is an overview/explanation from Webcalculators: … Continue reading