Tax Planning

  • IRS Says Tax Refunds Could Be Delayed

    Desert Law Group PALM SPRING, CA - IRS Tax Refund Delayed

    For those of you who plan to file your 2014 tax return timely so that you can get your refund promptly, you should probably postpone your shopping spree. According to article by Stephen Ohlemacher of Associate Press, Congress again passed a tax bill this year just before shutting down for the holidays, extending more than […]

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  • IRS Increases Estate Tax Exemption for 2015

    IRS Increase Estate Tax 2015 Desert Law Group Can Help

    The estate tax exemption for 2015 has jumped to $5.43 million per person, up from $5.34 million, due to an adjustment for inflation, the IRS has announced. For a married couple, the combined exemption increases to nearly $11 million, notes a story in the Wall Street Journal. The annual gift exclusion, however, will remain at […]

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