Recap-
Last week, we considered several of the revenue proposals included in the Biden Administration’s 2022 Budget that are probably of interest – or should we say, “of concern”? – to the owners of closely held...more
6/7/2021
/ C-Corporation ,
Capital Contributions ,
Capital Gains Tax ,
Closely Held Businesses ,
Compensation ,
Fair Market Value ,
Federal Budget ,
Gift Tax ,
Green Book ,
Hedge Funds ,
Income Taxes ,
Investment Partnerships ,
IRS ,
Joe Biden ,
Limited Liability Company (LLC) ,
Long-Term Investment Funds ,
Partnerships ,
Profits Interests ,
S-Corporation ,
Tax Equity ,
Tax Equity Partnership ,
Transfer Taxes ,
Valuation ,
Vested Benefits
Extra, Extra!-
Last Friday afternoon, as millions of unsuspecting Americans prepared for the long Memorial Day weekend – for many, perhaps, their first mask-less holiday celebration in almost 15 months – the Biden...more
6/2/2021
/ Adjusted Gross Income ,
Biden Administration ,
C-Corporation ,
Capital Gains ,
Closely Held Businesses ,
Corporate Taxes ,
Dynasty Trust ,
Fair Market Value ,
Family Businesses ,
Federal Budget ,
Fiscal Year ,
Gift Tax ,
Green Book ,
Interest Rates ,
Irrevocable Trusts ,
IRS ,
Like Kind Exchanges ,
Loans ,
Long-Term Investment Funds ,
Popular ,
Public Charities ,
Revocable Trusts ,
Spouses ,
Tax Cuts and Jobs Act ,
Tax Increases ,
Taxable Income ,
Transfer Taxes ,
Trust Assets ,
Trusts ,
U.S. Treasury
A Night to Remember?
Did you listen to the President’s speech last Wednesday? He addressed a joint session of Congress to pitch the Administration’s $1.8 trillion American Families Plan. Due to COVID-related...more
5/3/2021
/ Capital Assets ,
Capital Gains ,
Closely Held Businesses ,
Corporate Taxes ,
Estate Tax ,
Fair Market Value ,
Gift Tax ,
IRS ,
Joe Biden ,
Liquidity ,
Qualified Small Business Stock ,
Tax Cuts and Jobs Act ,
Tax Fraud ,
Tax Liability ,
Taxable Income ,
Wealth Tax