Gifting To Save Estate Taxes

Gifting To Save Estate Taxes

When Gifting To Save Estate Taxes, It Is Essential To Consider Loss Of Step-Up In Basis When the House Ways and Means Committee proposed reducing the estate and gift tax exemption from $11,700,000 to approximately $6,000,000 (as adjusted for inflation) effective...
Tax-Loss Harvesting

Tax-Loss Harvesting

Tax-Loss Harvesting – Don’t Miss the Opportunity This time of year many people start thinking about year-end tax planning. An integral part of tax planning involves the potential for tax-loss harvesting in your taxable portfolio. What we are going to discuss below can...
Provider Relief Fund Updates

Provider Relief Fund Updates

Funding, applications, more funding, reporting, more applications and perhaps more funding! The evolution of information is constant. There is hardly time to blink because you might miss something important. Currently, many who received in aggregate greater than...
Tax Brief

Tax Brief

New York State Pass-Through Entity Tax (PTET) New York State has enacted a workaround for the $10,000 state and local tax deduction limitation for the year tax year 2021.  The workaround is only eligible for Partners in Partnerships, not publicly traded, and...