As many of you know, the Tax Cuts and Jobs Act (TCJA) resulted in many changes that will impact 2019 federal income tax filing. The question is…
Read MoreThe Negative Impact of Retaining Income in a Trust
As a result of the Affordable Care Act, almost all trusts with net taxable income in excess of $12,300 are realizing an additional 3.8% Net Investment Income Tax (NII Tax) on Net Investment Income (NII) retained...
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