Part 1 of our Article addressed why a charitably-inclined client should make a gift to charity in the year of business sale.
Having completed the analysis of when it is best to make a gift, some clients may hesitate to...more
1/27/2021
/ Adjusted Gross Income ,
Charitable Donations ,
Charitable Lead Annuity Trust ,
Charitable Organizations ,
Charitable Remainder Trust ,
Estate Tax ,
Gift Tax ,
Income Taxes ,
IRS ,
Split-Interest Charitable Trusts ,
Tax Deductions
We are nearing the end of calendar year 2020 (thankfully!) and it is time to consider end-of-year tax planning. Due to the outcome of the election, there is significantly more certainty about the possibility of tax law...more
The November 3 election may have dramatic impacts on the income and estate tax laws. These changes could become effective as early as January 1, 2021. Of course, a big uncertainty is the outcome of the election, and whether...more
As part of his campaign platform, Democratic Presidential nominee Joe Biden has released a tax plan that would significantly increase taxes on high net worth individuals. Although a campaign platform is only a “rough draft”...more
The Protecting Americans from Tax Hikes Act, passed in December 2015, extended an often overlooked provision of the tax code with the potential to provide significant savings to small business owners and non-corporate...more