This past November, we outlined selected tax law changes that President-elect Joe Biden has proposed, both in speaking engagements and on his campaign website, some or all of which could be enacted in 2021 or future...more
1/14/2021
/ Biden Administration ,
Bonus Depreciation ,
Business Taxes ,
Capital Gains ,
Corporate Taxes ,
Estate Tax ,
Gift-Tax Exemption ,
GILTI tax ,
Income Taxes ,
Like Kind Exchanges ,
Opportunity Zones ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Planning ,
Tax Rates ,
Tax Reform
With Biden as the projected President-Elect (subject to pending federal litigation and the Electoral College vote), tax planning for late 2020, 2021, and beyond is top of mind for many businesses and individuals....more
11/10/2020
/ Biden Administration ,
Bonus Depreciation ,
Business Taxes ,
Capital Gains ,
Corporate Taxes ,
Estate Tax ,
Gift-Tax Exemption ,
GILTI tax ,
Income Taxes ,
Joe Biden ,
Like Kind Exchanges ,
Opportunity Zones ,
Presidential Elections ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Planning ,
Tax Rates ,
Tax Reform
New rules may stop “cheap” transfers of business interests to kids and grandkids. Proposed IRS regulations that may be effective as early as the end of 2016 are designed to severely limit use of discounts on gifts or sales...more
10/10/2016
/ Business Valuations ,
Estate Planning ,
Estate Tax ,
Family Businesses ,
Generation-Skipping Transfer ,
Gift Tax ,
Hillary Clinton ,
IRC Section 2704 ,
IRS ,
Popular ,
Proposed Regulation ,
Tax Rates ,
Transfer of Assets ,
Transfer Taxes