If you or your spouse isn’t a U.S. citizen and your estate is larger than the current $15 million estate tax exemption (or could appreciate in value to e...
Individuals aren’t the only ones potentially liable for an alternative minimum tax (AMT). The corporate AMT (CAMT) is a 15% minimum tax on corporations...
Looking for investments with valuable tax advantages? Stock in certain domestic C corporations can offer substantial tax savings when you sell, and the ben...
The IRS has issued final regulations identifying certain charitable remainder annuity trust (CRAT) arrangements as “listed transactions” — potential ...
If you’ve recently received a legal settlement or award, it’s critical to understand the tax implications. Generally, compensation for physical injurie...
Does your business hold intangible assets? Intangibles are nonphysical, long-term resources that can add significant value to a business. Examples include ...
Property developers who aren’t already aware of the New Markets Tax Credit (NMTC) program should take a look. Designed to encourage development in lower-...
Scholarship awards can provide significant financial relief to families of college-bound students. Most, but not all, of the awards are tax-free. To qualif...
Limited partner status in a business generally offers valuable benefits, including liability protection and self-employment tax advantages. But it may also...
The IRS is replacing the First Time Abate penalty waiver, which taxpayers had to request, with Automatic Exemption from Penalty (AEP), which automatically ...