by SteinLaw | Dec 21, 2020 | taxes
There are a few strategies that you can take and implement prior to the end of the year to increase your chances of a better financial future. Having a relationship with an accountant and a knowledgeable tax attorney can help you maximize all of these opportunities.... 
by SteinLaw | Dec 15, 2020 | taxes
The gift tax annual exclusion amount is staying the same at $15,000 per person for 2021, which means it can be a good idea to make any planned gifts before the end of the year if you have not yet reached this maximum amount for 2020. Remember that if you are married,... 
by SteinLaw | Dec 14, 2020 | taxes
Estate planners and financial experts take notes. On November 17th the IRS released their priority guidance plan for 2020 and 2021. These are all of the projects that will be the focus of their 12 month period beginning on July 1st, 2020 through June 30th, 2021. There... 
by SteinLaw | Dec 9, 2020 | taxes
If you’ve heard of tactics, such as an intrafamily loan, a grantor retained annuity trust or an intentionally defective grantor trust, it can be helpful to discuss these and which makes the most sense for you using the support of a knowledgeable estate planning... 
by SteinLaw | Dec 1, 2020 | taxes
Questions around whether to invest business profits to avoid tax obligations is a popular issue among many business owners. Understanding your full tax implications and possible tax liability is critical for any business owner regardless of their stage in the company....