1,291 results found

Section 409A of the Internal Revenue Code imposes new restrictive Federal tax rules governing "nonqualified deferred compensation plans" and provides significant taxes on individuals who violate them.

We continue to digest and act on the changes to federal tax law that were passed late last year. In a sense, the changes to the federal gift and estate tax just continue a trend of increasing exemptions that started 20 years ago.

A Pennsylvania Supreme Court case involving a severely injured woman’s hastily executed power of attorney used to select retirement benefits has led to a new state law intended to protect older residents, while also protecting those accepting the power.

On July 1, 2014, the Internal Revenue Service ("IRS") released Form 1023-EZ, Streamlined Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code ("Code").

Taxpayers who hold any interest in, or signature authority over, a foreign bank account are required to indicate that on Schedule B of the Form 1040, and also file with the Treasury a Report of Foreign Bank and Financial Accounts, Form TD F 90-22.1 (the "FBAR" form).

On February 8, 2012, the Internal Revenue Service ("IRS") issued much-awaited proposed regulations (the "Proposed Regulations") that interpret sections of the Internal Revenue Code (the "Code") that were added on March 18, 2010 as part of the Hiring Incentives to Restore Employment Act (the "HIRE Act").

Digital devices are everywhere these days, making water cleaner, helping educate children in remote regions, and letting some of us watch TV shows on our smartphones during morning commutes.

This article regards estates of decedents who owned foreign assets and the tax and reporting requirements.

Each taxpayer who has a financial interest in or signature authority over a foreign financial account generally is required to file the Report on Foreign Bank and Financial Accounts (FBAR) by June 30 for the previous year.

The year 2018 was a busy one for the SEC in the digital asset space, with the agency cementing its role as the primary de facto regulator of crypto finance in the United States.

On November 28, 2018, the United States District Court for the Southern District of California denied the U.S. Securities and Exchange Commission's (SEC) request for a preliminary injunction against Defendants Blockvest.

The March § 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 1.4%, which is a slight increase from February's rate of 1.2%.

If you are currently taking care of your children and your elderly parents, count yourself among those of the Sandwich Generation.

Though not a "tax" per se, most states consider dollars collected or "escheated" from companies as a major source of revenue.

A conservatorship and a guardianship are court proceedings where the court appoints an individual, professional fiduciary, or an entity to make certain decisions on behalf of a person, or principal...

Client profile: Three high-net-worth entrepreneurs from the Arabian Gulf, wanting to expand into an overseas market in the hospitality sector through a joint venture

On December 20, 2018, the staff of the Division of Investment Management (the "Staff") of the Securities and Exchange Commission (SEC) issued conditional no-action relief to Madison Capital Funding LLC ("Madison").