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To Gift, or not to Gift: Income Taxes vs. Estate Taxes | JD Supra
JD Supra· 1 day agoGiving assets away during lifetime to reduce estate taxes due upon your death is not the “no-brainer” it used to be. Income tax, gift tax
If I Give My Son $75,000 Toward a Down Payment, Do I Have to Worry About the Gift Tax?
MSN News· 2 days agoUnless you have given away more than $13 million in your lifetime, a $75,000 gift will not trigger...
A Texas party is pitching extreme policy ideas, and it’s not just the one you think | Opinion
Fort Worth Star-Telegram via Yahoo News· 3 hours agoThe document’s hundreds of planks add up to a prescription for a state-dominated economy. There are...
Wealth Management Update - June 2024 | JD Supra
JD Supra· 1 day agoThe June Section 7520 rate for use in estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 5.60%, an increase from the May rate of 5.40%. Senators Ron Wyden (D, Oregon) and Angus ...
Indiana weighs hospital monopoly as officials elsewhere scrutinize similar deals
USA TODAY via Yahoo News· 1 day agoSakbun’s father is an OB-GYN at Union, but the mayor said that doesn’t color his opinion and that he...
NY COVID report finds 'significant and unnecessary' mistakes, confusion during response
Lohud | The Journal News via Yahoo News· 17 hours agoThe report also praised aspects of New York's pandemic response, citing efforts to boost testing and...
For Many Tax-Exempt Employers - Thanks to IRS Excise Taxes | JD Supra
JD Supra· 6 days agoThe IRS has added additional considerations to this process as a result of Internal Revenue Code (Code) §4960 and its related regulations finalized in late 2021. Beginning with the 2022 taxable ...
Is whole life insurance worth it?
CNN.com· 4 days agoIf you’re looking for ways to plan for your financial future, you might be considering buying whole life insurance. This policy provides lifelong...
The Momentous Decision New York Almost Made
New York Times· 4 hours agoBoston put a highway underground. Emily Badger has written about cities and urban policy for more than a decade. American cities are shaped by the...
President Joe Biden's son, Hunter Biden, is convicted of all 3 felonies in federal gun trial
Midland Reporter-Telegram· 4 days agoHunter Biden was convicted Tuesday of all three felony charges related to the purchase of a revolver...