Specialty Group: TAG Tax

The Internal Revenue Service announced the inflation adjustments for gift and estate exemptions for 2024. The annual gift tax exclusion will be $18,000 per recipient for 2024. The combined gift and estate tax exemption ...

For the second consecutive year, the IRS has postponed implementation of a new rule that would have led to an estimated 44 million taxpayers receiving tax forms from payment apps and online marketplaces such as Venmo and ...

In his Autumn Statement on Wednesday 22 November, Chancellor Jeremy Hunt announced several tax-related proposals which are summarised below. National insurance Contributions – all rate bands to remain at current level ...

An abundance of financial and tax planning strategies exist for 2023, despite a year that many characterized as uncertain due to inflation, higher interest rates, increasing geopolitical risk and the threat of economic r ...