Search Results

The tax and financial impacts of a divorce carry serious consequences for the family that are often overlooked. Divorcing taxpayers should consult their tax and legal advisor to determine the best course of action with respect to tax filing status.

There is much confusion on whether alimony and child support are deductible under the 2017 Tax Cuts and Jobs Act (“TCJA”). One of the law’s changes is the elimination of the deduction of alimony payments as of January 1, 2019.

EisnerAmper’s Personal Wealth Advisory Practice held a fireside chat at Lido Consulting’s 14th Annual Family Office Investment Symposium on Tax Planning Opportunities for Family Offices” arising from the Tax Cuts and Jobs Act (“TCJA”).

LIDO Consulting held its 14th Annual Family Office Investment Symposium in March in Santa Monica, CA. One of the panels garnering the most attention was “Opportunity Zone Investments: How to Save Millions of Dollars in Capital Gains Taxes.”

IRS Notice IR 2019-67 reminds taxpayers they have a variety of options to help them prepare their 2018 federal tax returns. The IRS encourages to first stop at IRS.gov, where they can obtain answers to many of the most common taxpayer questions.

The 2017 Tax Cuts and Jobs Act (“TCJA”) offers an excellent opportunity to examine the impact on U.S. tax filings and compare the related tax revenues generated and refunds paid for the tax years 2018 and 2017.

Established by the Securities and Exchange Commission (“SEC”), Rule 10b5-1 allows insiders of publicly traded corporations to create a trading plan for selling stocks that they own.

Stephanie Loomis-Price and Louis S. Harrison provided guidance to advisors in reading and commenting on valuation reports. The emphasis was on the defensibility of preparing transfer tax returns and privileges in hiring appraisers.

For centuries, the trust and estate laws were more or less constant; now, we are all experiencing unprecedented change in every area of our lives. How do wealthy individuals plan for their families in the midst of such monumental change?

After the European Central Bank announced an expanded asset purchase program, the Syriza anti-austerity party won the Greek election. The Syriza party is anti-bailout so the election rattled equity markets and triggered a loss on the Athens Stock Exchange and elsewhere in Europe.

Bernard A. Krooks of Littman Krooks LLP provided the attendees of the Heckerling Institute on Estate Planning an overview of special needs planning and special needs trusts.

Robert Romanoff of Levenfeld Pearlstein discussed the implications of the net investment income tax on the design, creation and administration of trusts and suggested that trusts should be designed and administered with a focus on minimizing the NIIT.

One program featured a session on using technology for fundraising. An example is an application that can be used to support an athlete’s charitable support with giving driven by that player’s statistics. Another innovative application drives social media auctions.

The President of the European Central Bank announced an expanded asset purchase program and there has been growing sentiment that the U.S. Federal Reserve will move to increase interest rates. Info for U.S. investors and businesses on the European Central Bank announcement.

Downing Street is concerned Mr. Tsipras could become a rallying figure for opposition to the economic reforms that Britain, the International Monetary Fund and Germany believe are necessary to turnaround the eurozone. The International Monetary Fund will continue financial support for Greece.

This content focuses on a session from the Heckerling Institute on Estate Planning discussing investing in the U.S. markets by non-U.S. citizen non-residents and how they can minimize exposure to U.S. income and transfer taxes.

A recap of a session from the Heckerling Institute focused on planning for married individuals and the qualification for and utilization of the marital deduction, but also for those who anticipate divorce or who plan to marry/may never marry.

An art panel discussed a myriad of issues on inherited art. The session focused on the legal issues that impact art transactions, how advisors can help art collectors plan ahead and tips for planning art transactions.

The 51st Annual Heckerling Institute on Estate Planning began with a plenary session on portability presented by Lester B. Law (Abbot Downing) and Howard M. Zarisky (Consulting Council). Planning with portability is an art and not a science.

This Heckerling Institute on Estate Planning session focused on privilege and ethics issues featured coverage of how practitioners could handle discussions, communications and engagement of various other professionals on the team in such a way as to minimize risks.