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...

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...

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.

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 ...

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

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...

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

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...