With President-elect Trump announced as the winner of the 2024 election, the landscape of U.S. policy is poised for potential shifts that could significantly impact individuals and families. The Trump administration has...more
11/7/2024
/ China ,
Corporate Taxes ,
Estate Tax ,
Gift Tax ,
Income Taxes ,
Social Security Benefits ,
Supply Chain ,
Tariffs ,
Tax Cuts ,
Tax Cuts and Jobs Act ,
Tax Exemptions ,
Tips
As the 2024 election cycle unfolds, the landscape of U.S. policy is poised for potential shifts that could significantly impact individuals and families. With a Harris administration's focus on increasing tax rates for high...more
10/29/2024
/ Capital Gains Tax ,
Corporate Taxes ,
Estate Tax ,
Gift Tax ,
Income Taxes ,
NIIT ,
Social Security Benefits ,
Startups ,
Tariffs ,
Tax Deductions ,
Tax Exemptions ,
Tax Rates ,
Tipped Employees
On September 13, 2021, the House Ways and Means Committee formally released its proposed tax provisions to be incorporated into the broader budget reconciliation bill it hopes will pass in the near future (the “Tax...more
On December 22, 2017, President Trump signed into law new tax legislation (the “2017 Tax Bill”). The 2017 Tax Bill makes sweeping changes to the U.S. tax code, including a reduction in corporate tax rates, significant changes...more
1/2/2018
/ 529 Plans ,
Charitable Donations ,
Estate Planning ,
Estate Tax ,
Generation-Skipping Transfer ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Exemptions ,
Tax Reform ,
Transfer Taxes ,
Trusts
After years of anticipation, the U.S. IRS recently issued Proposed Treasury Regulations that would, if enacted in their current form, substantially eliminate most valuation discounts for family-controlled entities and result...more
9/9/2016
/ Business Succession ,
Business Valuations ,
Closely Held Businesses ,
Comment Period ,
Estate Planning ,
Estate Tax ,
Family Businesses ,
Family Limited Partnerships ,
Gift Tax ,
IRC Section 2704 ,
IRS ,
Limited Liability Company (LLC) ,
Partnerships ,
Proposed Regulation ,
Succession Planning ,
Transfer of Assets ,
Transfer Taxes ,
U.S. Treasury
Typically, the sponsors of private equity funds are focused on the fundraising process and the initial launch of the fund, and little attention is devoted to the estate planning opportunities that may be best exploited at the...more