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
IRS Tax Planning Ideas, Tips & News
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
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
Property Acquired by Gift or Through an Estate Inheritance
We often hear from clients who have received a gift or an inheritance and inquire as to how much this will cost them in taxes that need to be paid. The good news is that the recipient of a gift or … [Read more...] about Property Acquired by Gift or Through an Estate Inheritance
HOW THE AFFORDABLE CARE ACT AFFECTS EMPLOYERS WITH LESS THAN 50 EMPLOYEES
Under the Affordable Care Act, large employers must either offer “minimum essential coverage” that is “affordable” and that provides “minimum value” to their full-time employees and their dependents, … [Read more...] about HOW THE AFFORDABLE CARE ACT AFFECTS EMPLOYERS WITH LESS THAN 50 EMPLOYEES
“You Are Going to Be Arrested” says the Criminal
Scammers are calling taxpayers and threatening to have a magistrate come to their home unless they pay their IRS tax debts. The IRS has reported that it is seeing a significant increase in automated … [Read more...] about “You Are Going to Be Arrested” says the Criminal
