By Ann Miller, CPA | Manager, Tax As we near the close of 2022, now is the time to make any last-minute gifts to fully use the annual gift tax exclusion for 2022. The annual gift tax exclusion amounts available for a gift made to an individual either directly or indirectly without filing a gift …
Between the Biden Administration’s American Families Plan and the proposed “For The 99.5 Percent Act,” several potential changes could have a significant impact on estate and gift tax planning opportunities. Many iterations and changes will likely occur before these changes are finalized. However, planning should be happening now based on the below changes being considered. All comparisons below are based on 2021 individual limits.
Surprise – a brand new episode out today! Chuck and Brittany talk to tax expert Robert Jackson and estate planning experts Eric Flickinger and Matt Silla about the impact of the election results on estate tax and possible tax changes for business owners, including what to do next about the PPP loan and forgiveness. A …
Special Episode: Post-Election Tax Considerations Read More »
By Jason Bogniard, MBA, ASA, CVA, EA | Principal, Business Valuation The swift and sudden economic damage caused by the COVID-19 pandemic have left many of us stunned. In such a state, it’s easy to hunker down and miss opportunities, including estate planning and related gift and estate tax savings opportunities. In addition to the …
When the Economy Gives You Lemons, Make Estate Planning Lemonade Read More »
