Biden Budget Targets Companies, Wealthiest Americans
The Biden Administration’s 2022 budget proposes increasing the tax burden on corporations and individuals earning over $452,700 a year. Here’s a summary.
Three-Martini Business Lunch Can Be Fully Written Off
Congress’ last-minute pandemic-relief bill made tax changes everyone should know about.
Last-Minute Donations Can Help Others and Save You Money
New COVID-19 relief law allows an extra $300 donation to any charity to be deducted.
Tax Planning Considerations for 2020
Tax planning considerations for 2020 – a webinar
Planning Now for Possible Rate Changes Might Mean Big Savings
Planning ahead for possible changes in tax policy could positively impact your wealth management goals.
Managing Wealth Amidst Potential Tax Policy Changes
Potential tax policy changes and their effects on building and transferring wealth: 8/28/2020 webinar.
Working from Home These Days? IRS Might Allow a Deduction
Working at home due to the pandemic? A quick summary of rules around receiving a related tax deduction.
Tax Filing and Payment Extension
The IRS extends tax filing and payment deadlines from April 15 until July 15.
2019 Tax Information Details & Timing
AMG National Trust plans to mail out 1099-B, 1099-DIV, 1099-INT and 1099-MISC statements for the 2019 Tax Year as follows. Accounts holding investments with all necessary tax information received are expected to be printed and mailed by February 13, 2020. Clients should expect to receive them the week of February 17, 2020, depending on the…
Tax Perspectives Update for 2020
With the passing of the Consolidated Appropriations Act of 2020 in December, a number of tax law changes were made that may affect individual taxpayers.