Tax changes for 2018

The tax law has been revised. Here are some provisions that might impact your tax bill: A Higher Standard Deduction –  Approximately, 70 percent or so of households do not file an itemized federal tax return. The standard deduction in new tax bill nearly doubles the standard deduction. It goes to $12,000 for an individual, $18,000…

You Can’t Take It with You: Transferring Cryptocurrency After Death

Currently making the rounds in the financial world is a story about a Colorado man who died suddenly this year, leaving behind a Bitcoin investment worth a small fortune. The problem: his family didn’t know about the account until after his death and had no idea how to access the funds. Unexpected deaths, especially intestate ones, often…

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