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Modern Estate Administration – Issues Arising After Death
Jan 9, 2024
Learn more about current hot topics surrounding the administration of a decedent’s estate and included statutory, regulatory, financial, and case law interpretations in estate administration.
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Jan 15, 2024
The new Corporate Transparency Act is a complex piece of legislation that will impose a substantial burden on the general public. The uncertainty as to who it applies to will impose a significant burden on taxpayers to make this determination.
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Grantor Retained Annuity Trusts – Friend or Foe
Jan 11, 2024
This article offers perspectives on grantor retained annuity trusts and how a GRAT can provide significant estate and gift tax benefits at little or no gift tax cost.
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Practical Partnership Panaceas
Jan 12, 2024
This article offers content focused on strategic planning with the flexibility and complexity of partnership taxation.
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Recent Developments in Trust and Estate Planning
Jan 10, 2023
A panel discussed the many recent developments estate and trust planning at the 57th Annual Heckerling Institute on Estate Planning.
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Recent Estate Planning Developments 2023
Jan 11, 2024
This article offers a look at critical recent developments related to estate planning.
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A Magical Mystery Tour Through the Chapter 14 Labyrinth – Practical Issues and Applications
Jan 15, 2024
This post offers a quick review of a session focused on Chapter 14 of the Internal Revenue Code, with a special focus on IRC Sec. 2701 and its complicated rules.
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All in the Family: Six Strategies for Successful Family Business Planning
Nov 13, 2017
The seventh annual EisnerAmper NJ Business Summit featured a session called “All in the Family: Six Strategies for Successful Family Business Planning.” The panel discussed transition planning for closely held businesses.
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Tax Reform’s Impact on Meals and Entertainment Rules
Feb 23, 2018
Meals and entertainment deductions have changed drastically under the 2017 Tax Reform and Jobs Act. Going forward, the best way to handle these expenses is to establish separate general ledger accounts to distinguish between the different types.
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Ten Tips for Managing a PR Crisis
Nov 16, 2017
When a PR calamity hits, take a deep breath and implement your crisis communications plan. You do have one, don’t you? Well you should, and here are some of the things you should consider doing during a public relations thunderstorm.
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Mar 12, 2018
Now may be the best time to acquire fixed assets for your business and take full advantage of expensing on qualified asset additions. As always, circumstances may apply to your situation; it is best to consult your tax advisor.
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Help Wanted: Eight Reasons to Hire an HR Manager
Dec 6, 2017
As the owner of a small business, hopefully you grow to the point where you need to hire support staff such as marketing, IT and human resources. In the case of the latter, what should make you consider adding an in-house HR person?
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The Interest Deduction Under Tax Reform
Mar 28, 2018
One of the changes in the Tax Cuts and Jobs Act is the interest expenses deduction limitation for businesses effective tax year 2018. You should start planning for this as soon as possible so you are not surprised with a tax liability for 2018.
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Better To Be Safe than Sorry When it Comes to FBAR Filing
Nov 17, 2017
If you are unsure about being subject to the FBAR filing, always err on the side of caution. You might be subject to filing Form 8938, Statement of Specified Foreign Financial Assets. Penalties can be onerous for not filing the FBAR form.
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What Does Tax Reform Mean for W-4s?
Dec 20, 2017
Tax reform will eliminate taxpayer exemptions for individuals, spouses and their children. As such, employees would need to submit new W-4s to their employers for signature.
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The Impact of the Russia and Ukraine War on the U.S. Oil and Gas Industry
May 25, 2022
This post takes a brief look at the impact of the Russian invasion of Ukraine’s impact on oil and gas prices in the U.S., the government reaction, and potential planning strategies that can help minimize tax exposure.
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The Importance of ESG for Oil and Gas Companies
Jun 14, 2021
Environmental, social and governance (“ESG”) is important for the oil and gas industry. Learn the benefits, long-term outlook and how to get started on an ESG program.
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Jun 21, 2021
This article features a quick, common-sense approach to minimizing the risk of a ransomware attack like the one that recently befell the Colonial Pipeline
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2019 Form 990 and 990-EZ Significant Changes and Reminders
Sep 1, 2020
The IRS continues to make progress towards paperless filings; the latest change impacts both Forms 990 and 990-EZ. If a Form 990 or 990-EZ is being filed for a tax year beginning on or after July 2, 2019, it must be filed electronically (with limited exceptions).
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The Increasing Role of Private Equity in Oil and Gas
Jan 7, 2022
Private equity’s increased presence in the oil and gas industry is empowering them to play a key role in the current energy transition toward sustainability.