The Corporate Transparency Act (the "Act") is a significant piece of legislation enacted as part of the National Defense Authorization Act for Fiscal Year 2021. The Act was designed to prevent the misuse of corporations and...more
12/1/2023
/ AML/CFT ,
Beneficial Owner ,
Beneficiaries ,
Compliance ,
Confidential Information ,
Corporate Transparency Act ,
Disclosure Requirements ,
FinCEN ,
Internal Revenue Code (IRC) ,
Money Laundering ,
NDAA ,
Penalties ,
Privacy Laws ,
Publicly-Traded Companies ,
Real Estate Investments ,
Tax Fraud ,
Trustees ,
Trusts
There are more estate planning opportunities as a result of inflation-adjusted figures recently released by the IRS. The gift, estate, and generation-skipping transfer (“GST”) tax exemption amounts are each increasing to...more
11/23/2022
/ Beneficiaries ,
Charitable Lead Annuity Trust ,
Estate Planning ,
Estate-Tax Exemption ,
Generation-Skipping Transfer ,
Gift-Tax Exemption ,
Grantor Retained Annuity Trusts (GRATs) ,
Income Taxes ,
Price Inflation ,
Tax Code ,
Tax Exemptions ,
Trusts