The Treasury Department has issued new proposed regulations that, if adopted as proposed, will effectively eliminate a common estate planning tool used to transfer wealth among family members. That … [Read more...] about Estate Tax Planning Strategy – Minority Interest Valuation
Archives for September 2016
Refinancing – Preparation Steps
Whenever interest rates begin or are expected to change significantly, individuals immediately begin to think of refinancing their existing mortgage. That is a good approach to take. However, there … [Read more...] about Refinancing – Preparation Steps
NJ Proceeds to Terminate Reciprocal Tax Agreement with PA
NJ Governor Chris Christie announced that, effective January 1, 2017, NJ is unilaterally terminating the state's reciprocity agreement with PA. Under the current agreement, taxpayers were allowed to … [Read more...] about NJ Proceeds to Terminate Reciprocal Tax Agreement with PA
Talk Is Cheap! Or . . . You Get What You Pay For
Taxpayers often mistakenly believe that they can rely upon Internal Revenue Service (IRS) advice. After all, if the IRS is providing the advice, why would it challenge a taxpayer’s return that … [Read more...] about Talk Is Cheap! Or . . . You Get What You Pay For
