Jamie Carter

With the Senate controlled by Democrats, Congress may propose major changes to the estate and gift tax rules soon.

The historically low interest rates recently announced by the Internal Revenue Service (“IRS”) and the depressed value of certain assets offer opportunities for estate planning techniques that can red...

The IRS issued Notice 2020-23 on April 9, 2020, which amplifies Notice 2020-18 and Notice 2020-20 and provides additional relief to affected taxpayers.

The IRS issued a notice offering a special two-month deferral for federal income tax payments and federal income tax returns that are due April 15, 2020 (Notice 2020-18).

For over 30 years, many of our clients with large retirement accounts have been able to maintain these benefits tax-deferred not just for their lifetimes, but also for the lifetimes of their children.

In two recent decisions, the Tax Court issued rulings that could impact the effectiveness of family limited partnerships in estate planning.

Haynes and Boone, LLP proudly announces the promotion to counsel of nine firm associates, representing six practice areas from our Chicago, Dallas, London, New York and San Antonio offices.

The tax reform bill passed by Congress at the end of 2017 significantly reduces the number of taxpayers whose families will pay gift tax or estate tax, but it comes with an “expiration date” of Dec...

Payments on Promissory Notes and Guarantees. If you sold property (for example, real estate, stock, or an interest in a family limited partnership or other closely-held entity) to a family member or a...