TAX HIGHLIGHTS FOR 2018 AND 2019

As you are aware, Congress passed and the President signed a bill which makes major changes to the income tax laws. Most of the changes were effective beginning with 2018. The most significant changes are presented and are bolded. Affordable Care Act Beginning January...

Tax Tips for Seniors Presentation

On January 9, 2019, Eliot Ullman presented “Tax Tips for Seniors” to a group in Beverly Hills who work with senior citizens.  The participants learned about various tax topics including pension and IRA beneficiary rules, property tax transfers and reassessments, and...

Government Shutdown Affects Internal Revenue Service

The recent partial government shutdown has made a major contribution to the issues that the Internal Revenue Service is experiencing. A recent article in the Los Angeles Times says that the National Taxpayer Advocate, a government watchdog group, believes that it will...