Estate planning and income tax: Key considerations and planning points
(authored by RSM US LLP) You have mapped out your estate plan and feel confident in its estate tax efficiency. However, it is important to consider the income tax ramifications of each decision throughout the planning process to avoid unintended consequences.
Estate and Gift Taxes: Trying to Predict the Future
As Congress continues to negotiate the Build Back Better Act (BBBA) and changes to estate and gift tax provisions are being considered, many Americans are
Tax policy impacts on high-income individuals
(authored by RSM US LLP) Explore the potential impacts of House-proposed tax changes on wealthy and high-income individuals and strategies to lessen the effects.
Getting Ready for Social Security Part 2: Other Factors Affecting Your Decision
In our last social security blog, we covered the impact of your age at retirement on your benefits. Among the many factors that you
Getting Ready for Social Security Part 1: Retirement Age Considerations
Making personal decisions about when you begin collecting Social Security benefits is full of what-ifs, many of which won’t be known until long after your
Rebuilding Resources for Individuals and Businesses Affected by Hurricane Harvey
Our hearts go out to all of you affected by Hurricane Harvey and its aftermath. As a Gulf Coast company with offices in Houston and
A First Look at President Trump’s Proposed Tax Plan
On April 26, 2017, the Trump administration presented an outline of the president’s proposed broad goals of tax reform and his ideas on how those
The effect of proposed IRS regulations on estate planning
In August, the Internal Revenue Service (IRS) issued proposed regulations that will have a substantial effect on estate planning techniques often utilized by family-controlled entities.
Estate Planning – How, When and Why? Part 2
Carefully executed estate planning also allows you to maximize the value of the inheritance you leave to your beneficiaries.
Estate Planning – How, When and Why? Part 1
While many think estate planning is only for the elderly or rich, estate planning allows everyone to protect their family’s financial security and ensure their final wishes are respected.
U.S. Supreme Court Ruling has Broad Implications from a Tax Perspective
The U.S. Supreme Court ruled 5-4 on Friday, June 26, 2015, that it is legal for all Americans, no matter their gender or sexual orientation,