New Legislation Could Mean the End of Estate and GSTT Taxes
On January 24, 2017, the Death Tax Repeal Act of 2017, or H.R. 631, was introduced to the U.S. House [...]
14
02, 2017
29
08, 2016
Act Now! There’s Still Time to Avoid the New IRS Regulations That Might Raise Taxes on Your Family’s Inheritance
The IRS recently released proposed regulations which effectively end valuation discounts that have been relied upon for over 20 years. [...]
5
02, 2016
The IRS Took Half of Tony Soprano’s Estate: Don’t Fall into the Same Trap!
Actor and producer, James Gandolfini was famously known as the likeable mafia man Tony Soprano on the long running cable [...]
5
02, 2016
Over 70% of Elvis Presley’s Estate Paid in Taxes & Fees: How Can You Avoid the Same Trap?
Did you know that the legendary singer and actor, Elvis Presley, earned over a billion dollars throughout his somewhat short [...]
1
11, 2015
What the Recently Released 2016 IRS Inflation Adjustments Mean for You
The Internal Revenue Service has released the official inflation adjustments that will affect 2016 federal reporting for estate taxes, gift [...]
1
11, 2015
Listen Up: These States Will Usher in Changes to Their Death Taxes in 2016
In 2015, there are still 20 U.S. jurisdictions that collect a death tax at the state level: Connecticut, Delaware, District [...]
1
11, 2015
Have You Prepared Your 2015 Year End Gift Plan?
With the end of the year fast approaching, now is the time to fine tune your gift planning before you [...]
1
11, 2015
Is There an Income Tax Time Bomb Lurking in Your Estate Plan?
As the federal estate tax exemption has ballooned from $1.5 million ten years ago to $5.43 million today, the need [...]
1
10, 2015
Early Predictions About 2016 Estate Tax, Gift Tax, GST Tax and Annual Gift Tax Limits
Under current law the federal estate tax, gift tax, and generation-skipping transfer tax exemptions have become unified and are indexed [...]
1
10, 2015
Don’t Miss Out on These Year-End Tax Planning Strategies
Now is the ideal time to start year-end tax planning. Below you will find a variety of tax-saving strategies you [...]