News & Insights

House Ways and Means Committee Releases Initial Tax Proposals

Facebook Twitter LinkedIn Email

On September 13, 2021, the House Ways and Means Committee released draft legislation that proposes a series of tax increases and tax cuts, which will undergo a round of markups […]

READ MORE

Five Possible Tax Aspects of a Parent Moving into a Nursing Home

Facebook Twitter LinkedIn Email

If you have a parent entering a nursing home, you may not be thinking about taxes. But there are a number of possible tax implications related to this life event. […]

READ MORE

There’s Currently a “Stepped-up Basis” If You Inherit Property — But Will it Last?

Facebook Twitter LinkedIn Email

If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes. The current rules Under the current fair market […]

READ MORE

Family Business Owners Must Weave Together Succession And Estate Planning

Facebook Twitter LinkedIn Email

It’s been estimated that there are roughly 5 million family-owned businesses in the United States. Annually, these companies make substantial contributions to both employment figures and the gross domestic product. […]

READ MORE

Why it’s Important to Plan For Income Taxes as Part of Your Estate Plan

Facebook Twitter LinkedIn Email

As a result of the current estate tax exemption amount ($11.58 million in 2020), many estates no longer need to be concerned with federal estate tax. Before 2011, a much […]

READ MORE

Recent Posts