We are approaching the extended income tax deadline for 2012 and it reminded me (as if anyone could forget) that 2013 carries significantly higher income tax rates for a lot of folks. We have the Medicare surcharge, and most...more
Transfers to charitable lead trusts during lifetime can provide tax benefits to the donor, and can avoid inclusion of the transferred property in the gross estate of the donor for federal estate tax purposes at death....more
New York Attorney General Eric Schneiderman is urging the state legislature to enact two bills that would reform the statutory requirements for governance of nonprofit organizations – both not-for-profit corporations and...more
In This Issue:
- Exemption portability: Should you rely on it?
- Decant a trust to add trustee flexibility
- Using the GST tax exemption to build a dynasty
- Estate Planning Red Flag: Your plan includes a...more
Non-profits, which depend on both the private economy and the public sector, suffer greatly in economic downturns such as we are experiencing at present.
Take healthcare, for example. Consider what happened when the...more
To watch our video please click here http://www.scarincihollenbeck.com/what-mitt-romneys-tax-returns-teach-us-about-accumulating-wealth/
The income tax return information released by Governor and Mrs. Romney (the...more