Inflation Adjustments

News & Analysis as of

2015 Predicted Inflation Adjusted Tax Items

The following are some of the more salient tax items adjusted unofficially for inflation by Research Institute of America. While unofficial they represent a very good estimate of predicted adjusted items for 2015. This list...more

Class Action Against State Auto Concerning Homeowners’ Policy Limits Is One Worth Watching

Insurers typically adjust (or propose to adjust) the policy limits on a homeowners’ policy every year to take into account changes in the cost of construction. This is intended to help insureds make sure that sufficient...more

Inflation Adjustments Coming to Small Business Size Standards

On June 12, 2014, the Small Business Administration (SBA) issued an interim rule, which goes into effect on July 14. This new rule increases the size standards applicable to nearly every NAICS code used in Federal Contracting...more

High Net Worth Family Tax Report, Vol. 8. No. 4 -- December 2013

IRS Explains Federal Tax Consequences of Windsor Case Regarding Same-Sex Marriages - In our last report (Vol. 8, No. 3, September 2013), we told you about the recent Windsor case, in which the Supreme Court held...more

Employment Law Commentary -- Volume 25, Issue 10 -- October 2013: California Legislative Update – It’s That Time of Year Again

While the federal government ground to a halt, the California Governor and Legislature have been busy voting on and signing a flurry of new legislation at the end of this year’s legislative session. The following is a survey...more

Inflation Adjusted Tables

I’ve been putting these tables together since 1990 – formerly on paper and mailed out, now on our firm’s website. Below are the updated 2014 tables with the recent inflation adjustments....more

2014 Benefit Plan Dollar Limitations Announced

Effective January 1, 2014, The dollar limitation that apply to qualified retirement and other benefits are as follows... Please see full Chart below for more information....more

EARL e-News: EPA Raises Certain Environmental Penalties

Updates on Environmental, Administrative and Regulatory Law - On November 6, 2013 the United States Environmental Protection Agency (EPA) gave notice in the Federal Register of a final rule in which certain...more

New Jersey Raises Minimum Wage by Constitutional Amendment

On November 5, 2013, New Jersey voters overwhelmingly approved (by a 61% to 39% margin) a constitutional amendment to raise the state minimum wage to $8.25 per hour starting on January 1, 2014. The amendment further mandates...more

EPA Raises Civil Penalty Amounts

On November 6, 2013, the U.S. Environmental Protection Agency (EPA) published a final rule in the Federal Register raising the maximum penalties that the agency can impose for certain violations of environmental laws....more

EPA Increases Some Civil Monetary Penalties; Majority Remain Unchanged Until 2017

Effective as of December 6, 2013, EPA has increased the civil penalties for 20 of the 88 statutory civil penalty provisions that the agency administers. The majority of civil penalties are unchanged because of the low rate of...more

EPA Amends Civil Monetary Penalty Inflation Adjustment Rule

On Wednesday, November 6, 2013, the Environmental Protection Agency (“EPA”) published a final rule in the Federal Register amending the Civil Monetary Penalty Inflation Adjustment Rule. This is required by the Debt...more

Should We Rely On Portability?

When Congress early this year enacted the new estate tax provisions making the $5 million inflation adjusted federal estate, gift and generation-skipping transfer (GST) tax exemptions "permanent," it also made the concept of...more

Inflation Adjustments for 2014 Transfer Tax Exemptions

The IRS has announced the 2014 inflation adjustments to various Internal Revenue Code provisions. Of particular importance for estate planning is the increase of the basic exclusion amount (the amount which an individual can...more

Projected 2014 Inflation-Adjusted Figures

The IRS will issue inflation-adjusted transfer tax and foreign reporting items for 2014 based on fiscal year 2013 inflation, but it hasn’t done so yet. Thomason Reuters does its own computations of what it estimates will be...more

Avoiding and Mitigating Inflation Risk

As outsourcing service delivery models become increasingly global, customers frequently face challenges in accounting for inflation and foreign exchange risks in their financial business cases and in negotiating contract...more

California’s Minimum Wage Could Be on the Rise

On May 30, the California Assembly passed AB 10, which aims to increase the state’s minimum wage incrementally over a three-year period to $9.25 per hour by 2016. California’s current minimum wage is $8 per hour. It was last...more

Real Estate Tip – Hedge Against Future Inflation: Understanding The Capitalization Rate

Net operating income ÷ building capital cost = capitalization rate - If you bought a building in 2007 for $450,000 that produces $36,000 in net operating income, your cap rate is 8 percent. If you think of the cap...more

Argentina: Then, Now and Next?

Flash back ten years, and Argentina enjoyed an average annual growth of 9%, was the strongest economy in Latin America and considered an impending rival to the up-and-coming BRIC countries. Over the ensuing years, as...more

Estate Planning Implications of American Taxpayer Relief Act of 2012

The American Taxpayer Relief Act (the Act), which was passed by Congress on January 1, 2013 and signed into law by President Obama on January 2, has finally provided some permanence to the transfer tax laws....more

OCC Updates Effective Dates For CMP Inflation Adjustment And New Flood Insurance Penalties

On February 8, the OCC issued Bulletin OCC 2013-7, which clarifies that the maximum amount of the OCC’s civil money penalties (CMP) as adjusted for inflation last fall apply to violations that occurred on or after December 6,...more

2013 Estate Planning Update

As 2012 drew to a close, your estate planning attorney's attention was diverted from the ball drop in Times Square to whether Congress would drop the ball with respect to the fiscal cliff. Congress, however, passed the...more

22 Results
|
View per page
Page: of 1