Reporting requirements under the Corporate Transparency Act (CTA) will go into effect beginning January 1, 2024. Under the CTA, many business entities formed or registered in the US will be required to provide the personal...more
12/14/2023
/ Beneficial Owner ,
Beneficiaries ,
Compliance ,
Corporate Transparency Act ,
Employer Identification Number (EIN) ,
Estate Planning ,
FinCEN ,
Grantors ,
Limited Liability Company (LLC) ,
Limited Partnerships ,
Reporting Requirements ,
Trusts
The Tax Cuts and Jobs Act (the “Act”), signed into law on December 22, 2017, significantly increased the exemption amounts for the federal estate, gift, and generation-skipping transfer taxes. These increases may present...more
2/5/2018
/ Estate Planning ,
Estate Tax ,
Generation-Skipping Transfer ,
Gift Tax ,
Gift-Tax Exemption ,
Income Taxes ,
New Legislation ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Exemptions ,
Tax Reform ,
Trump Administration