2023 Federal & State Estate and Gift Tax Cheat Sheet
Here we have provided a “cheat sheet” to keep in mind for 2023 federal estate, gift and GST exemptions, as ...
5 Planning Steps to Consider Before Year-End 2022
As summer ends and we look toward the Fall, you should aim to maximize your opportunities to transfer wealth to ...
Tax Planning Opportunities with QSBS – “Packing” & “Stacking”
Section 1202 – An Overview Previously, we’ve discussed the historical context, shareholder/corporate qualification requirements, and common shareholder issues faced by ...
Adjusted Gross Income (AGI)
What Is Adjusted Gross Income? Adjusted gross income (AGI) is one figure used in the calculation of income tax liability. ...
Mitigate New York’s Estate Tax Cliff with Smart Estate Planning and Gifting Strategies – 2022 Update
While the large increase in the federal estate tax exemption has provided many with federal estate tax relief, New Yorkers ...
Estate Planning in Light of Current Law: Your Questions and Our Answers – 2022 Update
This post will help you consider estate planning strategies in light of the current federal estate, gift and generation skipping ...
Basics of Federal Estate, Gift, and Generation-Skipping Transfer (“GST”) Tax – 2022 Update
The bad news is that there is a federal tax on assets that you give away during life, at death, ...
Understanding New York’s Estate Tax “Cliff” – 2022 Update
In 2014, dramatic changes were made to New York’s gift and estate tax law. For many clients, the subject of ...
