IRAs Payable to CRTs after the Secure Act
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NY Surrogate’s Court Awards a Non-Party $40,000 in Counsel Fees for Complying with a Subpoena Requiring Production of ESI – Wealth Strategies Journal
[ad_1] Brian Corrigan, of Farrell Fritz, writes about a case where the NY Surrogote’s Court awarded a non-party $40,000 in counsel fees for compliance with a subpoena. HIs article begins as follows: New York CPLR 3122(d) provides that the “reasonable...
(a) 2020 Outlook on Tax, and (b) 2019 Tax Developments for Estates, Gifts and Trusts Available for Download – Wealth Strategies Journal
[ad_1] 2020 Outlook on Tax The Bloomberg Tax & Accounting: 2020 Outlook on Tax is available for download. It covers the following topics: Major takeaways from our investigation of Ontario’s tax-sharing pactThe top five SALT initiatives for 2020The countries...
LLC Not Entitled to Charitable Conservation Deduction for Conservation Easement – Wealth Strategies Journal
[ad_1] In Railroad Holdings, LLC v. Commissioner, T.C. Memo 2020-22 (Feb. 5, 2020) the Tax Court held that an LLC was not entitled to a charitable contribution deduction for a conservation easement. The taxpayer executed a deed declaring a conservation easement in...
Form 1023 – application for tax exempt status under Section 501(c)(3) must be filed electronically – Wealth Strategies Journal
[ad_1] The IRS has released guidance in Rev. Proc 2020-8 that requires electronic submissions of Form 1023, Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code. The guidance provides a 90-day transition relief period, during...
Shared Experiences Can Build Better Client Relationships – Wealth Strategies Journal
[ad_1] How key pieces of technology can boost business efficiency Focusing on the best way to leverage key pieces of technology can help advisers build more efficient and productive businesses, writes consultant Charesse Hagan. In this post, she outlines...
Using Video as Part of Your Marketing Plan, etc. – Wealth Strategies Journal
[ad_1] How to make video a part of your firm’s marketing plan If you’re not using video as a marketing tool, you might actually be hurting your chances to build business, writes Kristina Rocci, web content manager for The CWA Network and a financial adviser coaching...
IRS Posts Tax Cuts and Jobs Act (TCJA) Training Materials for Professionals – Wealth Strategies Journal
[ad_1] The IRS continues to implement the Tax Cuts and Jobs Act (TCJA). This major tax legislation affects individuals, businesses, and tax exempt government entities. To help give tax professionals a better understanding of how the IRS is...
New IRA Planning Rules and Planning Suggestions with Paul Labiner
New IRA Planning Rules and Planning Suggestions with Paul Labiner Interview with Paul Labiner about: New IRA Planning Rules and Planning Suggestions Call Paul Labiner 1 (561) 998-2362 The Law Office of Paul S. Labiner...
Unearthing the Origins of Quasi-Property Status by Alix Rogers (Oct. 30, 2019) – Wealth Strategies Journal
[ad_1] Alix Rogers has made her paper, Unearthing the Origins of Quasi-Property Status, available for download. This article was published as a part of the Hastings Law Journal. The abstract of this article, available on SSRN, reads as follows: Under contemporary...
Fraud on a Power, Improper Purpose and Fiduciary Accountability by Robert Flannigan (Jan. 15, 2020) – Wealth Strategies Journal
[ad_1] Robert Flannigan has made his paper, Fraud on a Power, Improper Purpose and Fiduciary Accountability, available for download. This article was published as a part of the Canadian Business Law Journal. The abstract of this article, available on SSRN, reads as...
Writing to Win Tax Appeals; Proposed Donor Reporting Regs; 2020 Tax Filing Season Preview; and more – Wealth Strategies Journal
[ad_1] 2020 tax filing season preview By Paul Bonner CPA firms venture into the new decade of serving taxpayers having mastered many Tax Cuts and Jobs Act changes, but with many areas still awaiting guidance. This update also includes the Journal of Accountancy’s...