Search Results

As part of the sweeping changes by the OBBBA, parents have a new option to use in saving for their children’s future. The bill creates “Trump Accounts” which functionally act like a more restrictive IRA.

As the environmental litigation landscape continues to change, professionals are looking at cases similar to the Eaton and Palisades fires. This article examines how differences in liability, defendants, and compensation frameworks are shaping wildfire litigation outcomes—and what these cases may signal for future large-scale fire claims in California.

Foreign (non-U.S.) LLCs authorized to do business in New York should begin preparing for NYLLCTA compliance as soon as possible. U.S.-formed LLCs currently have no action items under the NYLLCTA but should continue monitoring for future legislative changes that could expand the statute’s scope. Businesses with international structures should review ownership and control arrangements to determine whether reporting or exemption filings will be required.

While TIGTA's recent review stated the IRS acted properly in over 99% of levies issued during the review period, there were significant violations. These violations highlight how important it is for taxpayers to understand their collection due process rights.

Discover the latest insights for the annual Heckerling conference. Gain insights about the necessary steps to take during the four critical weeks in estate planning. 

Several conference sessions discussed the potential changes to estate law that might occur in 2017. Here is the first of a series of reports from the 2017 Heckerling Institute on Estate Planning.

Joshua Rubenstein of Katten Muchin and Rosenman LLP and William LaPiana from New York Law School presented a very informative session on estate planning for same-sex and unmarried couples under the current environment.

A recap of Sam Donaldson’s session from Heckerling focused on grantor trusts and SWAPs

Melissa J. Willms of Davis & Willms, PLLC discussed the basics of Section 199A and how to apply this new section of the Code to the world of trust and estates and ho it may be treated as an individual and qualify for the Section 199A deduction.

The Tax Cuts and Jobs Act of 2017 has changed how itemized deductions are calculated for 2018 until 2026. One of these changes is in how interest is allowed to be deducted on mortgage and home equity loans.

A recap of a session focused on providing guidance for ‘middle-rich’ clients.

A credit card might be a vital financial conduit for small businesses or start-ups that have trouble getting access to other funding sources. Here are a few things to keep in mind when looking for a business card.

If you are a military veteran who was honorably discharged from active duty in the Armed Forces of the United States by the last day of the tax year, you are entitled to a $3,000 exemption on your NJ individual income tax return.

In the wake of the supply chain vulnerabilities that were exacerbated during the COVID-19 pandemic and considering disruptions that continue to date, pharmaceutical companies are reassessing their global operating model.

For many individuals, paying estate tax is no longer their main concern; income tax planning is their top priority. This content focuses on several existing estate planning tools that can be very effective in meeting that goal.  

Several EisnerAmper professionals are attending the annual Heckerling Institute on Estate Planning, focusing on the 2017 Tax Cuts and Jobs Act. Our EisnerAmper professionals are blogging on topics of interest discussed at this year’s proceedings.

This post includes information on how reporting and disclosures for environmental, social and governance (“ESG”) integration in the United States are evolving to include information surrounding sustainable business practices, while other parts of the world are already required to report on ESG information.

NJ Governor Phil Murphy has struck a deal with New Jersey Democrats to raise the gross income tax rate on individuals with earned income between $1 million and $5 million to a proposed top rate of 10.75%, up from 8.97%.

Avoid conflicts with Trusts established for same-sex couples. Until all 50 states recognize same-sex marriages, there are issues to carefully consider in trust and estate planning. Consider the following situation highlighted at the Heckerling Institute on Estate Planning.

A discussion on the importance of “Adequate Disclosure” as it pertains to gift tax returns stressed its importance because if the IRS determines that if the standards of the regulations have not been met, no statute of limitation applies.