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Much of the economic news recently has focused on inflation rates.  The current rate of inflation is at the highest its been in the last 30 years, 6.2% on an annual basis. Against that backdrop, the Social Security Administration has announced it’s cost of living adjustment for the coming year 2022. The

In my post last week I talked about recent draft legislation which would make changes to federal income, gift and estate tax laws.  Many of our clients have called asking what they should do and I must remind callers that nothing has changed yet.  We are at the beginning of what is

We have received many calls about upcoming changes to the federal income, estate and gift tax laws.  To be clear, nothing has changed yet.  Draft legislation has been proposed by the House of Representative’s Ways and Means Committee but right now it is nothing but a proposal.  Things can and often do change