11/16/2016

The Impact of The Election of Donald Trump on Federal Estate and Gift Tax Planning

Alert

Many clients have asked us what changes we expect in federal estate and gift tax law following the election of Donald Trump. There are lots of opinions and predictions, but no consensus of what cha...

08/15/2016

IRS Attacks Family Business Entity Discounts

Alert

The long-awaited attack has arrived – the IRS recently issued proposed rules intended to reduce or eliminate valuation discounts for family-controlled business entities. These proposed regulations wil...

12/05/2014

Inflation-Adjusted 2015 Figures for Estate and Gift Taxes

Alert

A number of tax figures are adjusted each year for inflation. This alert outlines the most significant adjustments for estate and gift taxes for 2015.

07/08/2014

Streamlined Application for 501(c)(3) Status Now Available

Alert

The Internal Revenue Service (IRS) has introduced a new, shorter form of the exemption application for Section 501(c)(3) status—the Form 1023-EZ. Previously, most organizations seeking federal income ...

11/20/2013

Year End Planning Tip: 3.8% Surtax on Investment Income

Alert

As the end of 2013 draws near, taxpayers should consider the effect of the new 3.8% surtax on investment income.

09/16/2013

Reminder to File Gift (and GST) Tax Returns by October 15, 2013

Alert

If you made gifts in calendar year 2012 that should be reported on a federal gift tax return (Form 709) and you extended the deadline to file your gift tax return, the deadline to submit a timely-file...

04/09/2013

Transfers in 2012 and Future Years

Alert

This alert outlines the gift tax return requirement for 2012 transactions and the use of "defined value" gifts and sales.

01/09/2013

The American Taxpayer Relief Act of 2012: Congress Finally Acts - Good News/Bad News for Estate Planning

Alert

After all of the sand had run out of the hourglass, Congress finally passed (and the President signed) a compromise tax bill to avoid very substantial income tax increases on taxpayers with income und...