It’s Official. No Clawback For Huge Gifts Prior to 2026
In IR-2019-189, the IRS confirms that individuals taking advantage of the increased gift and estate tax exclusion amounts in effect from 2018 to 2025, will [...]
IRS Releases Inflation Adjusted Tax Figures for 2020
The IRS has just released the 2020 inflation adjusted numbers on income tax brackets, standard deduction amounts, and gift/estate tax exemptions, amongst other things. For [...]
They’re Back! Strojnik and Theresa Brooke
The State Bar of Arizona announced on May 16, 2019 that Peter Strojnik was disbarred from the practice of law in that state. https://www.azbar.org/newsevents/newsreleases/2019/05/disbarment-peterstrojnik/ The [...]
The Epic Fallout – More Good News on Class Action Waivers
In 2018, the United States Supreme Court issued its opinion in Epic Systems Corp. v. Lewis, 138 S.Ct. 1612 (2018) ruling that class action waivers [...]
Qualified Opportunity Funds–Excellent Opportunity to Defer (& Exclude) Capital Gain
Posted by Joseph Zimmerl:Under the 2017 Tax Cuts and Jobs Act, Opportunity Zones were added to the tax code under Internal Revenue Code section 1400Z-2. [...]
President Trump Signs IRS Reform Bill
On July 1, President Trump signed the IRS reform bill, the Taxpayer First Act. The Act changes the management and oversight of the IRS. One purpose [...]