Katten Muchin Rosenman LLP : 2021 Year-End Estate Planning Advisory (November 24, 2021)

Members of Katten Muchin Rosenman LLP have made available for download their article, "2021 Year-End Estate Planning Advisory", published in JDSUPRA. The abstract is as follows: During 2021, COVID-19, the new Biden administration, the Tax Cuts and Jobs Act (TCJA), the Coronavirus Aid, Relief and Economic Security Act (CARES ACT), the American Rescue Plan (ARP), … Continue reading Katten Muchin Rosenman LLP : 2021 Year-End Estate Planning Advisory (November 24, 2021)

Goulston & Storrs PC: Probate & Fiduciary Litigation Newsletter – December 2021 (November 22, 2021)

Goulston & Storrs PC, has made available for download their article, Probate & Fiduciary Litigation Newsletter - December 2021, published in JDSUPRA. The newsletter begins as follows: This newsletter is intended to keep readers informed about developments in probate and fiduciary litigation in Massachusetts and New York.Daughter with Power of Attorney Had Burden to Show … Continue reading Goulston & Storrs PC: Probate & Fiduciary Litigation Newsletter – December 2021 (November 22, 2021)

David Fowler Johnson (Winstead PC): Trustee’s Obligation to Inform Beneficiaries: Avoiding Breach of Fiduciary Duty Claims – Presentation (November 22, 2021)

David Fowler Johnson, of Winstead PC, has made available for download his article, Trustee’s Obligation to Inform Beneficiaries: Avoiding Breach of Fiduciary Duty Claims - Presentation, in JDSUPRA. The abstract is as follows: David F. Johnson presented “Trustee’s Obligation to Inform Beneficiaries: Avoiding Breach of Fiduciary Duty Claims” to a national audience on November 16, … Continue reading David Fowler Johnson (Winstead PC): Trustee’s Obligation to Inform Beneficiaries: Avoiding Breach of Fiduciary Duty Claims – Presentation (November 22, 2021)

BDO USA: 2021 Year-end Tax Planning for Businesses (November 2021)

BDO USA has published an article, “2021 Year-end Tax Planning for Businesses”, published on BDO USA. The abstract is as follows: As the U.S. entered 2021, many assumed that newly elected President Joe Biden along with Democratic majorities in the House and Senate would swiftly enact tax increases on both corporations and individuals to pay … Continue reading BDO USA: 2021 Year-end Tax Planning for Businesses (November 2021)

BDO USA: 2021 Year-End Tax Planning for Individuals (November 2021)

BDO USA has published an article, “Year-End Tax Planning for Individuals”, published on BDO USA. The abstract is as follows: As we approach year end, now is the time for individuals, business owners, and family offices to review their 2021 and 2022 tax situations and identify opportunities for reducing, deferring, or accelerating tax obligations. Areas … Continue reading BDO USA: 2021 Year-End Tax Planning for Individuals (November 2021)

Dion S. Toledo: The Renewed Need for Guidance Addressing Partnership 754 Election Revocations (December 2020)

Dion S. Toldeo has made available for download their article, "The Renewed Need for Guidance Addressing Partnership 754 Election Revocations", published in the UC Irvine Law Review, volume 11, issue 2. The abstract is as follows: The section 754 election of the Internal Revenue Code allows partnerships to make basis adjustments to avoid potentials for … Continue reading Dion S. Toledo: The Renewed Need for Guidance Addressing Partnership 754 Election Revocations (December 2020)

Journal of Accountancy: Tax Provisions in the Build Back Better Act (November 19, 2021)

Alistair M. Nevius, J.D.  has published an article on the Journal of Accountancy, entitled “Tax Provisions in the Build Back Better Act” The article begins as follows: The House of Representatives on Friday morning passed H.R. 5376, the Build Back Better Act, by a vote of 220–213. The bill encompasses a wide range of budget … Continue reading Journal of Accountancy: Tax Provisions in the Build Back Better Act (November 19, 2021)

David Fowler Johnson: Court’s Order Ending Family Allowance to Decedent’s Wife Was Reversed Due to a Lack of Notice to the Wife (November 19, 2021)

David Fowler Johnson, of Winstead P.C., has made available for download his article, “Court's Order Ending Family Allowance to Decedent's Wife Was Reversed Due to a Lack of Notice to the Wife”, published in JDSUPRA. The abstract is as follows: In In re Estate of Clark, a trial court entered an order allowing a family allowance … Continue reading David Fowler Johnson: Court’s Order Ending Family Allowance to Decedent’s Wife Was Reversed Due to a Lack of Notice to the Wife (November 19, 2021)

David Fowler Johnson (Winstead PC) : Trust Issues In Divorce Proceedings – Presentation (November 22, 2021)

David Fowler Johnson, of Winstead PC, has made available for download his article, "Trust Issues In Divorce Proceedings - Presentation", published in JDSUPRA. The abstract is as follows: David F. Johnson presented “Trust Issues In Divorce Proceedings” on November 17, 2021. This presentation covered trust issues that arise in divorce disputes, such as spouses creating … Continue reading David Fowler Johnson (Winstead PC) : Trust Issues In Divorce Proceedings – Presentation (November 22, 2021)

CNBC: Ending a marriage? Don’t get divorced from financial reality in the process (November 15, 2021)

CNBC has published an article, “Ending a marriage? Don’t get divorced from financial reality in the process”, which discusses financial issues to consider when ending a marriage. The article begins as follows: A lawyer may be your first call when you decide you want a divorce, but a financial advisor should be your second.In many … Continue reading CNBC: Ending a marriage? Don’t get divorced from financial reality in the process (November 15, 2021)

McDermott, Will & Emery: Tax Reform: What’s In and What’s Out (For Now) (November 22, 2021)

Max P. Biedermann and Carlyn S. McCaffrey, of McDermott, Will & Emery, have made available for download their article “Tax Reform: What's In and What's Out (For Now)”. The abstract is as follows: After more than two months of negotiations in the US Congress, a slimmed-down version of the “Build Back Better Act” narrowly passed … Continue reading McDermott, Will & Emery: Tax Reform: What’s In and What’s Out (For Now) (November 22, 2021)

Journal of Accountancy: Tax provisions in the Build Back Better act (November 19, 2021)

Alistair M. Nevius, J.D. has published an article on the Journal of Accountancy, titled “Tax provisions in the Build Back Better act.” The article begins as follows: The House of Representatives on Friday morning passed H.R. 5376, the Build Back Better Act, by a vote of 220–213. The bill encompasses a wide range of budget … Continue reading Journal of Accountancy: Tax provisions in the Build Back Better act (November 19, 2021)

Julie Virta (Vanguard Personal Advisor Services): Tax-Efficient Tips for 2021’s Charitable Giving Season

Julie Virta, of Vanguard Personal Advisor Services, has made available for download her article, “Tax-Efficient Tips for 2021’s Charitable Giving Season." The article begins as follows: Spurred in part by the pandemic, a record $471 billion was donated to U.S. charities in 2020, according to Giving USA. I expect that trend to continue this year, as individuals, … Continue reading Julie Virta (Vanguard Personal Advisor Services): Tax-Efficient Tips for 2021’s Charitable Giving Season

RUBIN ON TAX : Of Spousal Gifts and the Substance Over Form Doctrine (November 22, 2021)

Charles Rubin has made available for download his article, "Of Spousal Gifts and the Substance Over Form Doctrine", published in his blog RUBIN ON TAX. The article begins as follows: U.S. spouses each have a unified credit that allows for substantial gifting to third parties without requiring the payment of gift tax. What happens if … Continue reading RUBIN ON TAX : Of Spousal Gifts and the Substance Over Form Doctrine (November 22, 2021)

TaxProfBlog – Lesson From The Tax Court : How To Mess Up Your Checkbook IRA (November 22, 2021)

Bryan Camp, has published an article on the TaxProfBlog, titled "Lesson From The Tax Court : How To Mess Up Your Checkbook IRA", which discusses the facts and opinions of checkbook IRAs. The article begins as follows: The idea that freedom means control over your own destiny s arguably the most defining characteristic of American … Continue reading TaxProfBlog – Lesson From The Tax Court : How To Mess Up Your Checkbook IRA (November 22, 2021)

Rachel Louise Ensign and Peter Rudegeair (Wall Street Journal): Rich Millennials to Financial Advisers: Thanks for the Golf Invite, but You Can’t Invest My Money (November 8, 2021)

Rachel Louise Ensign and Peter Rudegeair have made available for download their article, “Rich Millennials to Financial Advisers: Thanks for the Golf Invite, but You Can’t Invest My Money”, published in the Wall Street Journal. The article begins as follows: Michael Martocci, a 26-year-old startup founder, ignores the golf invitations and other solicitations from the … Continue reading Rachel Louise Ensign and Peter Rudegeair (Wall Street Journal): Rich Millennials to Financial Advisers: Thanks for the Golf Invite, but You Can’t Invest My Money (November 8, 2021)

NTA Blog: TAS Tax Tip: The IRS incorrectly ordered me as deceased – what should I do? (November 17, 2021) 

The National Taxpayer Advocate has made available for download their article, “The IRS incorrectly ordered me as deceased – what should I do?”, published on The National Taxpayer Blog. The abstract is as follows: If your IRS tax account is locked in error because the IRS’s records incorrectly indicate that you or your spouse are … Continue reading NTA Blog: TAS Tax Tip: The IRS incorrectly ordered me as deceased – what should I do? (November 17, 2021) 

NTA Blog: IRS Initiates New Favorable Offer In Compromise Policies(November 15, 2021)

The National Taxpayer Advocate has made available for download their article, “IRS Initiates New Favorable Offer In Compromise Policies”, published on The National Taxpayer Blog. The abstract is as follows: The IRS has the discretion to accept an offer in compromise (OIC) or to release refunds it would otherwise apply against taxpayers’ tax debts through … Continue reading NTA Blog: IRS Initiates New Favorable Offer In Compromise Policies(November 15, 2021)

RUBIN ON TAX : Increases in Estate and Gift Tax Exemption Amounts Announced by IRS (November 18, 2021)

Charles Rubin, creator of RUBIN ON TAX, has made available for download his article, "Increases in Estate and Gift Tax Exemption Amounts Announced by IRS" posted in the blog RUBIN ON TAX. The abstract is as follows: We have gone from scrambling to deal with a decrease in the unified credit under proposed legislation, to … Continue reading RUBIN ON TAX : Increases in Estate and Gift Tax Exemption Amounts Announced by IRS (November 18, 2021)

Bloomberg Wealth: Ultra-Rich Skip Estate Tax and Spark a 50% Collapse in IRS Revenue (November 18, 2021)

Bloomberg Wealth discusses the dramatic decline in revenue from the U.S. estate tax. The article begins as follows: Revenue from the U.S. estate tax has been cut in half in two years, new datafrom the Internal Revenue Service shows, even as dynastic wealth soars. Just 1,275 wealthy families paid $9.3 billion in estate tax to the U.S. … Continue reading Bloomberg Wealth: Ultra-Rich Skip Estate Tax and Spark a 50% Collapse in IRS Revenue (November 18, 2021)