Can You Have Taxes in Your IRA
The answer is, surprisingly, yes, you can have taxes in your IRA. Normally, IRAs invest in stocks, bonds, mutual funds, […]
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Social Security Tax Increase 2017
Twelve million workers will pay more this year because of the automatic adjustment in their payroll taxes for the taxable […]
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Nursing Homes Lose Arbitration Right
Nursing homes are known for various nefarious practices such as getting a relative to unknowingly sign to become financially responsible […]
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Estate and Gift Tax Changes Effecting Transfer of Family Businesses
New regulations have been proposed by the IRS which would eliminate, or severely restrict, one of the primary tools estate […]
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CT Gets into the Internet Age with the Digital Assets Act
The CT legislature just passed the Uniform Fiduciary Access to Digital Assets Act or HB 5606 and it should be […]
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CT New Uniform Power of Attorney Act
The new Connecticut Uniform Power of Attorney Act was enacted last year (Public Act No. 15-240). This legislation was a […]
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ABLE Account Update April 2016
Many states have enacted the legislation for ABLE accounts including NY and CT and the federal legislation is in place […]
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IRS Changes for 2016
The IRS just issued Rev Proc 2015-53 which adjusts various items for inflation for 2016. INDIVIDUAL TAX RATES The individual income […]
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Individual Tax Breaks Expired
Some 50 tax breaks expired at the end of December 2013 without being extended….and don’t call them a do nothing […]
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Family Limited Partnership Tax Benefits
The tax games available for Family Limited Partnerships are about to be severely limited. FLP’s are often used for […]
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