The nonprofit community has to be feeling the cross-hairs of the fiscal cliff. Both parties are mentioning capping of deductions as a possible solution; Republicans and Democrats are searching for an easy way to increase taxes without political liability. Instead of raising taxes, let’s just lower tax refunds for deductions. Obama has been floating this...
Not knowing what will be with the expiration of the Bush tax cuts is finally getting some notice in the media – to put it mildly. Just trying to sort out what will happen is no simple task and something I am furiously working on (from the charitable gift planning perspective). In my initial research...
With the election past us, we can finally take a look at what’s coming for estate taxes…
I was hoping to show how Mitt’s 1996 CRUT (click here to see previous post for background) would have passed the 1997 law change but failing there, I am sadly stunned at how this little blip of dishonest journalism somehow made the rounds throughout the internet. And, sadly, most outlets bought into Bloomberg.com’s skewed journalism....
Year End Tax Planning – Here We Go….