Joe Carr and Andres Marcellaro: Delaware Unclaimed Property Legislation Confirms Current Practice and Addresses Recent Court Decisions (July 2021)

Joe Carr and Andres Marcellaro, tax partner and manager for the National Unclaimed Property Leader and State and Local Tax, respectively, have made available for download their article “Delaware Unclaimed Property Legislation Confirms Current Practice and Addresses Recent Court Decisions”, published on BDO USA. The abstract is as follows: On June 30, 2021 Delaware Senate Bill … Continue reading Joe Carr and Andres Marcellaro: Delaware Unclaimed Property Legislation Confirms Current Practice and Addresses Recent Court Decisions (July 2021)

Mark Weisheipl and Matthew Emms: Governance in Employee-Owned Companies in the U.S. and the UK (July 2021)

Mark Weisheipl and Matthew Emms, Senior Partner and manager at ESOP Advisory Services and BDO UK, respectively, have made available for download their article “Governance in Employee-Owned Companies in the U.S. and the UK”, published on BDO USA. The abstract is as follows: As a follow-on to our previous article regarding incentive plans in Employee Stock … Continue reading Mark Weisheipl and Matthew Emms: Governance in Employee-Owned Companies in the U.S. and the UK (July 2021)

TaxProf Blog – Paul Caron: Christians & Lederman: How To Read A Tax Statute (July 24, 2021)

Paul Caron has published an article on the TaxProf Blog, titled “Christians & Lederman: How To Read A Tax Statute”, which presents a video describing how to read a tax statute in accordance with the U.S. Internal Revenue Code. The article begins as follows: This video provides helpful guidelines for reading a tax statute, focusing … Continue reading TaxProf Blog – Paul Caron: Christians & Lederman: How To Read A Tax Statute (July 24, 2021)

Noelle Lussier: Power of Attorney for My Incapacitated Parents – What Are Our Options? (July 22, 2021)

Noelle Lussier, of Burns and Levinson LLP, has made available for download her article, "Power of Attorney for My Incapacitated Parents – What Are Our Options?", published in JDSUPRA. The abstract is as follows: A sensitive and often complicated conversation that individuals have with their aging parents relates to protective measures in the event of … Continue reading Noelle Lussier: Power of Attorney for My Incapacitated Parents – What Are Our Options? (July 22, 2021)

Jeffrey D. Mamorsky (Greenberg Traurig LLP): PEPs and MEPs: Compliance and Fiduciary Considerations Under the SECURE Act (July 20, 2021)

Jeffrey D. Mamorsky, of Greenberg Traurig LLP, has made available for download his article, “PEPs and MEPs: Compliance and Fiduciary Considerations Under the SECURE Act”, published in Greenberg Traurig Tax Legacy Advisors. The article begins as follows: The pooled employer plan (PEP) and multiple employer plan (MEP) provisions are among the most important retirement plan … Continue reading Jeffrey D. Mamorsky (Greenberg Traurig LLP): PEPs and MEPs: Compliance and Fiduciary Considerations Under the SECURE Act (July 20, 2021)

Keith Fogg (Procedurally Taxing): Submitting an Offer in Compromise Through Collection Due Process (July 21, 2021)

Keith Fogg, director of the Federal Tax Clinic at Harvard Law School's Legal Services Center, has made available for download his article “Submitting an Offer in Compromise Through Collection Due Process”, published on the Procedurally Taxing blog. The abstract is as follows: The case of Mason v. Commissioner, T.C.M. 2021-64 shows at least one benefit of submitting … Continue reading Keith Fogg (Procedurally Taxing): Submitting an Offer in Compromise Through Collection Due Process (July 21, 2021)

Ashish Rana (LexBlog): 8 Tax-Saving Strategies Suggested by Experts for SMBs (July 21, 2021)

Ashish Rana, Senior Manager in the Accounting and Taxation Department at Cogneesol Inc., has made available for download his article, “8 Tax-Saving Strategies Suggested by Experts for SMBs”, published on the LexBlog. The abstract is as follows: Running a small business has an expense of its own. For an entrepreneur, every dime counts! For a small business owner, investing … Continue reading Ashish Rana (LexBlog): 8 Tax-Saving Strategies Suggested by Experts for SMBs (July 21, 2021)

Northern Trust: Delaware Trusts: Safeguarding Personal Wealth (2021 Edition)

The Northern Trust has published their 2021 edition on, "Delaware Trusts: Safeguarding Personal Wealth". The article begins as follows: Many families and their advisers have found the State of Delaware to be a trust- friendly jurisdiction that promotes modern laws and enjoys attractive income tax advantages. This paper highlights the most significant legal and tax … Continue reading Northern Trust: Delaware Trusts: Safeguarding Personal Wealth (2021 Edition)

Mariano Sori-Marin, Katie Girmscheid, and Tim Schram: Illinois: FY 2022 Budget Legislation Contains Numerous Tax Changes (July 2021)

Mariano Sori-Marin, Katie Girmscheid, and Tim Schram, tax experts for the State Income and Franchise Tax National Leader, State and Local Tax, and Credits & Incentives National Leader, respectively, have made available for download their article “Illinois: FY 2022 Budget Legislation Contains Numerous Tax Changes”, published on BDO USA. The abstract is as follows: As … Continue reading Mariano Sori-Marin, Katie Girmscheid, and Tim Schram: Illinois: FY 2022 Budget Legislation Contains Numerous Tax Changes (July 2021)

Wayne Pollock (LexBlog): New Jersey Supreme Court warns lawyers about their “Super Lawyers” and “Best Lawyers” advertising (July 16, 2021)

Wayne Pollock, founder of CoPo Strategies, has made available for download his article, “New Jersey Supreme Court warns lawyers about their “Super Lawyers” and “Best Lawyers” advertising”, published on the LexBlog. The abstract is as follows: There’s a lot to love about New Jersey. Its fantastic produce. Its plentiful scenic lakes, mountains, state parks, and … Continue reading Wayne Pollock (LexBlog): New Jersey Supreme Court warns lawyers about their “Super Lawyers” and “Best Lawyers” advertising (July 16, 2021)

Deloitte: Family enterprises in the driver seat: Where are you headed? (July 20, 2021)

Deloitte is hosting a webinar to discuss wealth planning in the current environment. The summary is as follows: With the market for mergers and acquisitions (M&A) accelerating, owners and operators of family enterprises may face important decisions. What could the road ahead look like? Join us as we discuss wealth transfer planning, income tax planning, … Continue reading Deloitte: Family enterprises in the driver seat: Where are you headed? (July 20, 2021)

Andrew Biondi: The Tale of the Feuding Fiduciaries (July 14, 2021)

Andrew Biondi, of Sands Anderson PC, has made available for download his article, "The Tale of the Feuding Fiduciaries", published in JDSUPRA. The abstract is as follows: When two brothers appointed to serve as coexecutors of their mother’s estate can’t get along in fulfilling their jointly held duty, how does a Virginia court decide which … Continue reading Andrew Biondi: The Tale of the Feuding Fiduciaries (July 14, 2021)

Carissa Tham (LexBlog): How to Become a Virtual Lawyer (July 13, 2021)

Carissa Tham, a content strategist at a legal-based technology firm, has made available for download her article, “How to Become a Virtual Lawyer”, published on the LexBlog. The abstract is as follows: In recent years, lawyers are increasingly benefiting from the flexibility of remote work. As mindsets towards traditional brick-and-mortar legal offices evolve, being a virtual … Continue reading Carissa Tham (LexBlog): How to Become a Virtual Lawyer (July 13, 2021)

HBR Hotlist (July 12, 2021): When to Take On Tasks That Are Outside of Your Job Description; Reasons In-Person Work Makes Your Life Easier; A Bigger Office Isn’t Always Better; and More

Writing Can Help Us Heal from Trauma by Deborah Siegel-Acevedo Three prompts to get started. MANAGING PEOPLE Help Your Employees Who Are Anxious About Returning to the Office by Amy Gallo Seven do’s and don’ts for managers. PSYCHOLOGY Why You’re So Anxious About Going Back to the Office by Alice Boyes And how to make … Continue reading HBR Hotlist (July 12, 2021): When to Take On Tasks That Are Outside of Your Job Description; Reasons In-Person Work Makes Your Life Easier; A Bigger Office Isn’t Always Better; and More

Florida Probate & Trust Litigation Blog: If a married couple transfers their tenants by the entireties (TBE) property to a joint trust, have they forfeited its creditor protection shield? (July 12, 2021)

Juan C. Antúnez, in his Florida Probate & Trust Litigation Blog, discusses the implications of using a joint revocable trust between married couples with regards to creditor protection. The article begins as follows: If a married couple transfers their tenants by the entireties (TBE) property to a joint revocable trust, have they forfeited its creditor protection shield? That’s … Continue reading Florida Probate & Trust Litigation Blog: If a married couple transfers their tenants by the entireties (TBE) property to a joint trust, have they forfeited its creditor protection shield? (July 12, 2021)

Forbes: Repatriation To U.S. Of $18 Million Of Debtor’s Money In Swiss Bank Accounts In Schwarzbaum (July 12, 2021)

Forbes has published an article, "Repatriation To U.S. Of $18 Million Of Debtor’s Money In Swiss Bank Accounts In Schwarzbaum", which discusses the outcomes of U.S. v. Schwarzbaum. The article begins as follows: In U.S. v. Schwarzbaum, a U.S. Magistrate Judge for the Southern District of Florida considered and granted a motion by the United States … Continue reading Forbes: Repatriation To U.S. Of $18 Million Of Debtor’s Money In Swiss Bank Accounts In Schwarzbaum (July 12, 2021)

Jeff Bilsky, Neal Weber, and Michael Masciangelo: IRS Issues Draft Instructions, Provides Penalty Relief for New Schedules K-2 and K-3 (July 2021)

Jeff Bilsky, Neal Weber, and Michael Masciangelo, tax experts for the National Partnership Taxation Technical Practice Leader, Core Tax Services, and International Tax Services, respectively, have made available for download their article “IRS Issues Draft Instructions, Provides Penalty Relief for New Schedules K-2 and K-3”, published on BDO USA. The abstract is as follows: On … Continue reading Jeff Bilsky, Neal Weber, and Michael Masciangelo: IRS Issues Draft Instructions, Provides Penalty Relief for New Schedules K-2 and K-3 (July 2021)

TaxProf Blog – Paul Caron: WSJ: Older Americans Stockpiled A Record $35 Trillion. The Time Has Come To Give It Away (July 8, 2021)

Paul Caron has published an article on the TaxProf Blog, titled “WSJ: Older Americans Stockpiled A Record $35 Trillion. The Time Has Come To Give It Away”, which discusses the imminent transfer of wealth between generations as the older generation of Americans begins to divide their wealth among heirs and others. The article begins as … Continue reading TaxProf Blog – Paul Caron: WSJ: Older Americans Stockpiled A Record $35 Trillion. The Time Has Come To Give It Away (July 8, 2021)

NY Times (July 8, 2021): Baby Boomers: Rich With Real Estate and Not Letting Go

Michael Kolomatsky, in his New York Times article, discusses the bulk of real estate wealth held by baby boomers and its impacts on the housing market, combined with the COVID-19 pandemic. His article, "Baby Boomers: Rich With Real Estate and Not Letting Go", begins as follows: The concept of aging in place, already growing in popularity … Continue reading NY Times (July 8, 2021): Baby Boomers: Rich With Real Estate and Not Letting Go

Forbes: Sell Stocks Or Cash In An IRA? (July 4, 2021)

Forbes has published an article, "Sell Stocks Or Cash In An IRA?", which discusses which assets to liquidate when dealing with a tax-deferred IRA and a taxable brokerage account. The article begins as follows: You’re retired, and living off two piles of assets—a taxable brokerage account and a tax-deferred IRA. Which should be cashed in … Continue reading Forbes: Sell Stocks Or Cash In An IRA? (July 4, 2021)