IRS Extends Time to Make Portability Election
Portability is often an effective, go-to estate planning strategy that could make a considerable difference for taxes owed on larger estates, especially with today’s generous exemption amounts. In a recent...
May 7 Deadline for Big Businesses
The Treasury Department is granting safe harbor to large and public companies that voluntarily return stimulus funds by this Thursday, May 7 under new guidance regarding the PPP’s “necessity” certification.A...
Is a Donor-Advised Fund Right for You?
Donor-advised funds (DAFs) have grown in popularity over the past decade. According to the National Philanthropic Trust 2019 Donor-Advised Fund Report, the sky-rocketing growth has led to nearly double the amount...
Uncertain Future for CA Estate Tax
California is currently among 30 states that do not impose a state estate tax. State legislature, however, recently introduced Senate Bill SB 378 that would have imposed gift, estate and...
Generating Interest with Intrafamily Loans
Lending money to family members may be personal, but it pays to treat loans like business. If you don't, you could owe taxes on income you never received and gifts...
IRS Extends Time to Make Portability Election
Portability is often an effective, go-to estate planning strategy that could make a considerable difference for taxes owed on larger estates, especially with today’s generous exemption amounts. In a recent...
May 7 Deadline for Big Businesses
The Treasury Department is granting safe harbor to large and public companies that voluntarily return stimulus funds by this Thursday, May 7 under new guidance regarding the PPP’s “necessity” certification.A...
Is a Donor-Advised Fund Right for You?
Donor-advised funds (DAFs) have grown in popularity over the past decade. According to the National Philanthropic Trust 2019 Donor-Advised Fund Report, the sky-rocketing growth has led to nearly double the amount...
Uncertain Future for CA Estate Tax
California is currently among 30 states that do not impose a state estate tax. State legislature, however, recently introduced Senate Bill SB 378 that would have imposed gift, estate and...
Generating Interest with Intrafamily Loans
Lending money to family members may be personal, but it pays to treat loans like business. If you don't, you could owe taxes on income you never received and gifts...