Aug 7, 2018 | Tax Impact Articles
News & Resource Center Tax Impact Newsletter Add spendthrift language to a trust to protect assets Despite its name, the purpose of a spendthrift trust isn’t just to protect profligate heirs from themselves. Adding spendthrift language to a trust benefiting one’s... continue reading »
Aug 7, 2018 | Tax Impact Articles
News & Resource Center Tax Impact Newsletter Make the most of the 0% capital gains rate If you’re holding highly appreciated investments, there may be techniques you can use to avoid federal income taxes on the gain. High-income earners pay tax on long-term... continue reading »
Jun 4, 2018 | Tax Impact Articles
News & Resource Center Tax Impact Newsletter Traditional and Roth IRAs are considered relatively “safe” retirement-savings vehicles, but a drawback to them is that they limit your investment choices. A self-directed IRA gives you more flexibility in your... continue reading »
Jun 4, 2018 | Tax Impact Articles
News & Resource Center Tax Impact Newsletter When a business fails to remit payroll taxes, the IRS has the authority to collect those taxes from “responsible persons,” including certain shareholders, partners, officers and employees. The IRS takes an expansive... continue reading »
May 27, 2018 | Tax Impact Articles
News & Resource Center Tax Impact Newsletter Tax reform’s impact on charitable donations If you make substantial donations to charity, it’s important to evaluate the impact of the Tax Cuts and Jobs Act (TCJA) on the “price” of your gifts. Even though charitable... continue reading »
May 27, 2018 | Tax Impact Articles
News & Resource Center Tax Impact Newsletter Alimony deduction is coming to an end The Tax Cuts and Jobs Act (TCJA) eliminates the tax deduction for qualified alimony payments, effective for divorce decrees or separation agreements issued or executed after... continue reading »
