Articles & Publications

A 529 plan has historically been used to cover various qualified college expenses, including tuition, enrollment fees, books, supplies, housing, online educational materials, tutoring or classes outside of the home, and educational therapies for students with disabilities. Under the. Read More >>

Our latest Tax Reform Advisor applies to excess business losses, which most directly relates to individuals and the deductibility of business losses from sole proprietorships and pass-through entities – S-corporations and partnerships. Background Previously, the rules for excess losses. Read More >>

The Bipartisan Budget Act of 2018 (The Act) was passed by the House and Senate in the early morning hours of February 9, 2018, and President Trump signed the bill later that day. There were 32 tax “extenders” (constantly. Read More >>

Any size retirement plan can run into serious trouble when sponsors aren’t careful. With some reasonable planning, your qualified retirement plan doesn’t have to be the target of the Employee Retirement Income Security Act (ERISA) litigation. Below we have. Read More >>

As you are aware, The Tax Cuts and Jobs Act was signed by the President on December 22nd “simplifying” taxes. As you may also be aware, the new tax law is more complex than it appears. We will be. Read More >>

Gift Tax is one of the most misunderstood taxes for individuals. Most people think since they will never exceed the lifetime gift exemption ($5,490,000 for 2017) that they do not need to file a gift tax return, but there. Read More >>

On December 19, 2017, with a vote of 227-203, the House passed the final tax reform bill and the Senate followed with a vote of 51-48.  Due to a technicality on the bill, on December 20 the House re-voted. Read More >>

The Senate passed its “Tax Cuts and Jobs Act” bill in the wee hours of the morning Saturday, December 2nd. Will this be our biggest holiday gift (or a lump of coal) this year? That is yet to be. Read More >>

As 2017 starts to wind down, you may want to consider some strategic planning moves that may help lower your tax bill for this year and possibly next. Of course, significantly compounding the planning challenge this year is the. Read More >>

  On November 9, the Senate Finance Committee released a draft of its tax reform bill. Although the bill is not expected to pass in its current form, it provides insight into what certain Republican Senators on this committee. Read More >>