McDermott, Will & Emery: Private Client 2022 UK & Global Overview (December 15, 2021)

Jennifer Ronz, Anita Shah, Nicholas Holland, Simon Gibb, Abigail Nott, and Sarah Gabbai, of McDermott, Will & Emery, have made available for download their article “Private Client 2022 UK & Global Overview”. The abstract is as follows: Simon Gibb, Abigail Nott, Sarah Gabbai and Justine Wadhera contributed to the chapter, United Kingdom – England & Wales in Lexology … Continue reading McDermott, Will & Emery: Private Client 2022 UK & Global Overview (December 15, 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)

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)

NY Times (November 15, 2021): The Consulting Firm Billionaires Turn to When They Give Away Money

Nicholas Kulish, in his New York Times article, discusses the little-known Bridgespan Group that is guiding philanthropic efforts of America's wealthiest donors. His article, “The Consulting Firm Billionaires Turn to When They Give Away Money”, begins as follows: MacKenzie Scott stepped out of the long shadow of her former husband, the Amazon founder Jeff Bezos, by handing … Continue reading NY Times (November 15, 2021): The Consulting Firm Billionaires Turn to When They Give Away Money

NAEPC Journal of Estate & Tax Planning – Issue 38 – November 2021

The NAEPC (National Association of Estate Planning Councils) has issued its November 2021 Journal of Estate & Tax Planning. The summary of articles and links are as follows: Features Editor’s Note: Bracing for Changes…StillAuthor: Ryan P. Laughlin, CPA, MST, JD, AEP® How Your Estate Plan May be Affected by Potential Changes (PDF)Three national experts provide a … Continue reading NAEPC Journal of Estate & Tax Planning – Issue 38 – November 2021

Journal of Accountancy: IRS makes retirement account inflation adjustments for 2022 (November 24, 2021)

Paul Bonner has published an article on the Journal of Accountancy, titled “IRS makes retirement account inflation adjustments for 2022.” The article begins as follows: This IRS issued Notice 2021-61 Thursday updating for 2022 dollar-amount ceilings and thresholds for a wide range of qualified retirement plans and accounts, including traditional individual retirement arrangements (IRAs) and … Continue reading Journal of Accountancy: IRS makes retirement account inflation adjustments for 2022 (November 24, 2021)

KPMG report: Year-end tax considerations for cryptocurrency investors (Oct. 20, 2021)

KPMG has issued a report on year end planning for crypto investors. The summary is as follows: As the year-end approaches, investors in cryptocurrencies need to consider certain year-end considerations and possible planning opportunities.Also, potential legislative developments that might affect cryptocurrency transactions and the cryptocurrency ecosystem more broadly may need to be considered.Read an October 2021 … Continue reading KPMG report: Year-end tax considerations for cryptocurrency investors (Oct. 20, 2021)

NY Times: Seeding Accounts for Kindergartners and Hoping to Grow College Graduates (September 19, 2021)

Tara Siegel Bernard, of the New York Times, discusses the importance and logistics of New York City's establishment of a program that opens up savings accounts for every public school kindergartner. Their article begins as follows: Kindergarten often brings a flood of notices about events, school supplies and class photos. But when Vaniqua Hudson-Figueroa’s daughter … Continue reading NY Times: Seeding Accounts for Kindergartners and Hoping to Grow College Graduates (September 19, 2021)

NY Times: The City of London Is Hiding the World’s Stolen Money (October 11, 2021)

Nicholas Shaxson in his New York Times article, discusses the Pandora Papers and how it has exposed Britain’s role in money laundering. His article, “The City of London Is Hiding the World's Stolen Money”, begins as follows: In 1969, two years after the Cayman Islands, a British territory, passed its first law to allow secretive offshore trusts, … Continue reading NY Times: The City of London Is Hiding the World’s Stolen Money (October 11, 2021)

Business Law Prof Blog: Guest Post by Itai Fiegenbaum – How Overturning Gentile Widens the Controlling Shareholder Enforcement Gap (October 9, 2021)

Professor Itai Fiegenbaum, of Willamette University College of Law, on the Business Law Prof Blog, has made available for download his article, “Guest Post by Itai Fiegenbaum - How Overturning Gentile Widens the Controlling Shareholder Enforcement Gap.” The abstract is as follows: Minority expropriation by a controlling shareholder manifests in a variety of forms. Controllers … Continue reading Business Law Prof Blog: Guest Post by Itai Fiegenbaum – How Overturning Gentile Widens the Controlling Shareholder Enforcement Gap (October 9, 2021)

Forbes: S Corp To Partnership Conversion Under Build Back Better (October 1, 2021)

Forbes has published an article, “S Corp To Partnership Conversion Under Build Back Better”, which discusses provisions of the Build Back Better Act such as the differing restrictions between S Corporations and Partnerships. The article begins as follows:  One of the most exciting provisions of the Build Back Better Act, to me anyway, is the … Continue reading Forbes: S Corp To Partnership Conversion Under Build Back Better (October 1, 2021)

Bob Carlson (Forbes): What You Need To Know About The Confusing Roth IRA Five-Year Rule (September 29, 2021)

Bob Carlson, of Forbes, has have made available for download his article, "What You Need To Know About The Confusing Roth IRA Five-Year Rule," published in Forbes. The article begins is as follows: There’s a lot of interest this year in converting traditional IRAs and 401(k)s to Roth IRAs. Some people hesitate to convert their … Continue reading Bob Carlson (Forbes): What You Need To Know About The Confusing Roth IRA Five-Year Rule (September 29, 2021)

KPMG Webcast: Reconciliation Bill Tax Provisions: Implications for Asset Management – Sept. 29, 2021

KPMG is hosing a webinar to discuss the implications of the reconciliation bill tax provisions on asset management. The summary is as follows: Washington is busy… On September 15th, the House Ways & Means Committee approved its portion of legislation relating to the 2022 Budget Reconciliation Bill. The Ways and Means provisions contain a number … Continue reading KPMG Webcast: Reconciliation Bill Tax Provisions: Implications for Asset Management – Sept. 29, 2021

Forbes: How Will 10 Types of Retirement Be Taxed? (September 22, 2021)

Forbes has published an article, “How Will 10 Types Of Retirement Income Be Taxed?”, which discusses smart planning with regards to retirement income strategies. The article begins as follows:  When you are planning for a retirement income you can't outlive, you must not forget about taxes. How much you will owe in taxes during your … Continue reading Forbes: How Will 10 Types of Retirement Be Taxed? (September 22, 2021)

Nathaniel Birdsall: Personal Planning Strategies – September 2021 (September 22, 2021)

Nathaniel Birdsall of Proskauer Rose LLP, has made available for download his article, "Personal Planning Strategies - September 2021,” published on JDSUPRA. The abstract begins as follows: Last Call for SLATs, GRATs, and the Use of the Enhanced Gift Tax Exemption?You have probably heard that the House Ways and Means Committee released proposals for increasing … Continue reading Nathaniel Birdsall: Personal Planning Strategies – September 2021 (September 22, 2021)

BDO USA: Estate Tax Planning in 2021: Uncertainty Abounds But Options Still Exist (August 2021)

BDO USA has published an article, “Estate Tax Planning in 2021: Uncertainty Abounds But Options Still Exist”, published on BDO USA. The abstract is as follows: Currently, U.S. citizens and non-U.S. citizens domiciled in the U.S. are entitled to an $11.7 million gift and estate tax exemption and are subject to a maximum marginal gift … Continue reading BDO USA: Estate Tax Planning in 2021: Uncertainty Abounds But Options Still Exist (August 2021)

NY Times (August 27, 2021): How to Make Your Marriage More Financially Equal

Ron Lieber, in his New York Times article, discusses how to equalize financial decision-making in a marriage. His article, “How to Make Your Marriage More Financially Equal”, begins as follows: A year and a half of pandemic living has revealed — or reminded us of — some persistent patterns around money, gender, marriage and families. And they … Continue reading NY Times (August 27, 2021): How to Make Your Marriage More Financially Equal

Forbes: Marriage? Give Me a (tax) Break (August 20, 2021)

Forbes has published an article, “Marriage? Give Me a (tax) Break”, which discusses the benefits of filing jointly as partners. The article begins as follows:  So, I hear you got married. Congrats! And you’re filing your taxes jointly for the first time, and want to know more about how to do that! Is that right? … Continue reading Forbes: Marriage? Give Me a (tax) Break (August 20, 2021)

TaxProf Blog – Bryan Camp: Lesson From the Tax Court: Retirement Plan Drafting Error Loses Taxpayer $51k Deduction (September 13, 2021)

Bryan Camp has published an article on the TaxProf Blog, titled "Lesson From the Tax Court: Retirement Plan Drafting Error Loses Taxpayer $51k Deduction" which discusses the outcome of Gayle Gaston v. Commissioner, T.C. Memo. 2021-107 (Sept. 2, 2021) (Judge Marvel). The article begins as follows: As tax practitioners know, to err is human, but … Continue reading TaxProf Blog – Bryan Camp: Lesson From the Tax Court: Retirement Plan Drafting Error Loses Taxpayer $51k Deduction (September 13, 2021)

Bloomberg Tax: Your Tax Pro’s Just Not That Into You: Why You May Get Dropped (August 19, 2021)

Bloomberg Tax outlines the reasons why tax professionals leave clients, as well as ways to avoid those pitfalls as a client. The article begins as follows: “Next year will be different.” It’s a mantra that I’ve heard over and over since the end of a long and stressful tax season—with apologies to those still working on … Continue reading Bloomberg Tax: Your Tax Pro’s Just Not That Into You: Why You May Get Dropped (August 19, 2021)