While most of us were enjoying the summer and the holiday weekend, Congress passed, and President Donald Trump signed, major tax legislation commonly called the One Big Beautiful Bill with the acronym, OBBBA. OBBBA covers a...more
7/28/2025
/ Charitable Donations ,
Child Tax Credit ,
Estate Tax ,
Income Taxes ,
Individual Retirement Account (IRA) ,
Itemized Deductions ,
New Legislation ,
One Big Beautiful Bill Act ,
Over-Time ,
Popular ,
Tax Cuts ,
Tax Deductions ,
Tax Legislation ,
Tax Rates ,
Tax Reform ,
Tipped Employees
It is not uncommon for family members to lend a helping hand to one another through intrafamily loans. While loans can benefit family borrowers who may not qualify for a traditional loan or who need flexible payment...more
6/4/2025
/ Estate Planning ,
Estate Tax ,
Gift Tax ,
Income Taxes ,
Intra-Family Loans ,
IRS ,
Loans ,
Tax Court ,
Tax Liability ,
Tax Planning ,
Trusts