Moratorium on IRS Guidance: What’s next?

At a conference in New York sponsored by the Practicing Law Institute on February 13, 2017, Treasury and IRS officials discussed two new Trump administration policy changes limiting substantive [...]

The Future of the Federal Estate, Gift and Generation-Skipping Transfer Taxes

Under the current federal transfer tax system, there is a 40% tax on estates of individuals dying with more than $5.49 million in assets. Gifts made during lifetime are added to transfers at [...]

New Tax Benefit for Benefit Companies

Benefit companies now enjoy a new tax advantage over traditional corporate entity types. In October 2016, the IRS announced that benefit companies’ advertising expenses are deductible as a [...]