5 key things to consider before investing in “social good”

Ideas about key steps to take before investing fill the pages of the internet and are valuable aids for potential investors. Fewer deal with investing in projects directed toward "social good". That this option exists highlights a preliminary question for investors: what is the purpose of your investment? This is the first question for any …read more

Protect Your Identity

Seven Steps for Making Identity Protection Part of Your Routine The following information courtesy of the IRS is important to all of us in today’s connected world where your all of your personal and financial data is online. “The theft of your identity, especially personal information such as your name, Social Security number, address and …read more

Unpaid taxes? New law revokes passports and allows third party collection

To our friend and clients. Provisions that revoke passports for taxpayers with unpaid tax debts and require the IRS to use third-party debt collectors were included in the Fixing America’s Surface Transportation Act, H.R. 22, which Congress passed on Thursday December 2, 2015. Revocation or denial of passport for unpaid taxes: The act creates a …read more

Family Limited Partnerships for a High Net Worth Family Office

Family limited partnerships are often ideal for families with closely held businesses. Are your family members actively involved in your trade or business? Does it make sense to divide rights to income, appreciation, and control among the family members? A family limited partnership may provide immediate tax advantages, maximize estate value, and secure a smooth …read more

Intentionally Defective Grantor Trust

Advanced Estate Planning An Intentionally Defective Grantor Trust (IDGT) may be right for you when planning your estate and looking to maximize the assets that pass to your loved ones.An IDGT may be the best way to transfer assets to younger generations with the least possible transfer tax consequences. What is an IDGT? An IDGT …read more

2015 Tax Update

Because the tax rules for 2015 are in flux, taxpayers will face uncertainty when making business and investment decisions. Lawmakers chose to retroactively revive dozens of tax breaks for 2014, only to allow them to expire again as 2015 begins. We expect congress to renew all popular tax breaks again for 2015, although if the …read more