New Tax Law Affects Nonprofits The new tax law is quite lengthy and will require some time to review and analyze. However, the following provisions have been identified as having an effect on public charities. Increased standard deduction. The standard deduction is increased to $24,000 for married individuals filing jointly, $18,000 for head-of-household, and $12,000…





Commonly Asked Property Tax Questions: A property owner calls and says “I pay too many taxes on my property.” There are two things that affect the amount of real property taxes: valuation/assessment of the property and the tax rate. Basically, the property should not be assessed above its market value. The first question is, “Do…





Divorce and Taxes At Jacobowitz & Gubits, LLP our matrimonial and our tax attorneys work together to discuss with you and resolve the dance between divorce law and tax law. This blog will waltz you through some of the most important issues typically relating to divorce and taxes. Filing Status. If you will soon be…




