In Legal Terms: Charitable Contributions and Other Tax Changes - a podcast by MPB Think Radio

Professor Richard Gershon reminds us of the impact of the Tax Cuts and Jobs Act for 2018. Charitable contributions and other deductions, exemptions, and tax planning are discussed.

• Personal exemptions eliminated
• Standard Deduction almost doubled
• Child and Dependent tax credit increased
• Beware of Alternative Minimum Tax and Kiddie Tax

Tax Reform Basics for Individuals and Families https://www.irs.gov/pub/irs-pdf/p5307.pdf

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