Yes there is more, much more… and remember at Bourke Accounting we are here to help you sort through all of the changes. Call us today at 502-451-8773 or stop by for a visit. Estate Tax Exemption The estate and gift tax exemption is doubled for estates of decedents dying and gifts made after December… Read More
You can’t deduct the cost of the time and effort you spend on behalf of charity. BUT that doesn’t mean your good deeds will go for tax naught. Strategy: Track your out-of-pocket costs. Even though you can’t deduct the value of your endeavors, you can write off actual expenses associated with charitable activities. Furthermore, you… Read More