May 14, 2021
Reach out to your clients as you learn about new legislation or guidance to give them your insights and the digestible version of what it means for them. This is your chance to cut through the technical jargon with easy-to-digest insights and showcase ...
May 4, 2021
Michael Jackson’s estate has been fighting the IRS for seven years over the value of the pop star’s name and likeness and music rights holdings. Jackson died in 2009 at the age of 50 amid several reputation-damaging scandals...
April 24, 2021
Taxes can be stressful and even overwhelming, whether you’re an individual taxpayer, a college student, or a small business owner. With tax laws changing, various deadlines, and wondering how much you’ll owe or get back, making sure you stay organized is
April 22, 2021
Here are five things to remember when performing valuation of shares of a closely held entity for gift and estate tax reporting.
April 15, 2021
The webinar is scheduled to take place on April 21 at noon EST and will feature Andrew Argue, co-founder and CEO of Corvee, and Amanda Argue, co-founder and chief of staff of Corvee. The presentation will include the following:
March 29, 2021
The good news is the first $10,200 that most taxpayers received in unemployment benefits of up to $10,200 are not taxable for 2020. If you have already filed your tax return for 2020 the IRS is asking you to not file an amendment, as they will take ...
March 5, 2021
The closing letter is issued to an executor of a decedent’s estate for which a Form 706, U.S. Estate (and Generation-Skipping Transfer) Tax Return, or Form 706-NA, United States Estate (and Generation-Skipping Transfer) Tax Return ...
March 2, 2021
The pandemic has impacted many influential tax rules. At the same time, the new presidential administration has implemented additional changes, making tax planning even more challenging.
September 1, 2020
Now that the conventions of both major parties have wrapped up, we’re heading into the home stretch of the presidential election race. Naturally, taxes will be a major point of contention.
January 9, 2018
The estate tax exemption and the gift tax work together in a sense that you have a unified lifetime credit for gifts, which match the estate tax exemption. The unified credit increases each year, along with the estate tax exemption. Each year there is ...
December 24, 2017
There’s still time left for you or your clients to cut their 2017 tax bills. The conventional tax wisdom at the end of the year is to pull in deductions to offset current tax liability and push off income to postpone tax payment. This takes on added ...
August 30, 2017
In the final part of my estate planning series, I would like to tackle more complicated themes that build on the first two parts. The first thing that I would like to discuss in this article is a trust that was once used frequently before portability.