How Will the New Tax Bill Affect You? – Sandi Weaver, CPA, CFP®, CFA®
This was published in the Star http://www.kansascity.com/news/business/personal-finance/article19503562...
Do you have less than $11,200,000? Good news! You won’t have to pay estate taxes! But let’s assume that wasn’t worrying you before, when the cutoff was at $5 million.
What else is in that tax bill?
Grab your 2016 tax return, and let’s walk through how things might look for 2018, if we assume your figures don’t change that much year to year.