Smith Schafer Senior Tax Manager, Dianna Streed, presented at Red Wing Area Chamber of Commerce’s Lunch & Learn Seminar on December 20, 2017.
5 Important Tax Items Before Year-End Presentation
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Business
Year-End Strategies & Tax Bill Highlights
Major tax changes are on the way for both individual and business taxpayers.
IRS Increases Annual Gift Tax Exclusion for 2018
The IRS has announced the annual gift tax exclusion is increasing next year due to inflation.
Save Taxes While Controlling Employee Health Costs
If rising health care costs have sent your company searching for ways to reduce expenses, you should know there are alternatives to standard medical insurance plans.
IRS Announces 2018 Contribution Limits
In mid-October, the IRS released the 2018 contribution and benefit limits for retirement and other benefit plans types.
Year-End Planning: Charitable Donations
Some surveys indicate that more than 30% of all charitable giving occurs in December, and that over 10% of donations are made in the last three days of the year.
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