 Batley CPA Tax & Business Alert July 2019By: Batley CPA 
Batley CPA estate planning Estate planning portability lives on under the TCJA Portability allows a taxpayer's estate to elect to permit his or her surviving spouse to use any available estate tax exclusion amount that's unused at the taxpayer's death. Fortunately, this functionality was preserved under the 2017 Tax Cuts and Jobs Act (TCJA). This article provides a brief history of the exclusion and explains how portability works in practice. Click here to view the full article. No surprises: Why you should check your tax bracket Many taxpayers learned some tough lessons upon completing their 2018 tax returns regarding the changes brought forth by the Tax Cuts and Jobs Act (TCJA). This brief article reviews the revisions to the tax brackets so readers can avoid unpleasant surprises next April. Click here to view the full article. Could an FLP help your business succession plan? Often, the best time taxwise to start transferring ownership is long before the owner is ready to give up control of the business. This article explains how a family limited partnership can help owners enjoy the tax benefits of gradually transferring ownership yet allow them to retain control of the business. Click here to view the full article. Be ready for anything with regular business valuations Whether it's an impending ownership transfer or just a need to learn more about one's company, every business owner needs to establish reasonable expectations of what a valuation provides. This article answers several insightful questions about the process and goes on to dig deeper into this important management tool. Click here to view the full article. View the tax calendar here. About Batley CPA Batley CPA, LLC (http://batleycpa.com/) Batley CPA is available to answer any questions you may have about estate planning (http://batleycpa.com/ End
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