11/23/2021

Tax Reform: What's In and What's Out (For Now)

The summary below describes provisions in the House-passed bill that are most likely to affect individual taxpayers and also discusses portions of the original proposal that were cut from the legislation that passed the House.

10/28/2021

U.S. has become haven for tax dodgers

Dynasty trusts have been established that allow wealth to be transferred from generation to generation, while avoiding federal estate taxes.

10/10/2021

A growing worry for charities: Tax havens for the rich

When the wealth of an American individual or couple exceeds a threshold - $11.7 million or $23.4 million, respectively - each dollar value above that level, once bequeathed, is subject to a federal estate tax of up to 40% for each generation.