The Internal Revenue Service (IRS) intends to audit hundreds of high net worth individuals and their related entities starting this month. The campaign, announced at a conference by a top IRS division commissioner, will...more
7/15/2020
/ Audits ,
C-Corporation ,
Foreign Assets ,
Gifts ,
High Net-Worth ,
IRS ,
Partnerships ,
Private Foundations ,
S-Corporation ,
Trusts ,
U.S. Treasury ,
Wealth Tax
As you are making your list and checking it twice, you might want to consider whether you want to make any year-end gifts to your favorite charities. If you do, you will be in good company. According to the National...more
The federal government proposed sweeping new tax rules earlier this month that would dramatically affect family businesses, investment partnerships and other entities. These rules, which have been widely reported, would...more
8/17/2016
/ Business Succession ,
Business Valuations ,
Estate Planning ,
Estate Tax ,
Family Businesses ,
Family Limited Partnerships ,
Gift Tax ,
IRS ,
Limited Liability Company (LLC) ,
Limited Liability Partnerships ,
Partnerships ,
Transfer of Assets ,
Transfer of Interest
As you are making your list and checking it twice, you might want to consider whether you want to make any year-end gifts to your favorite charities. If you do, you will be in good company. According to the National...more