by SteinLaw | Jul 9, 2021 | Business Planning, taxes
The Biden administration’s fiscal year 2022 revenue proposals highlight an important opportunity to work with an experienced estate planning and tax strategy lawyer. Here’s what you need to know about some of the proposals. Individual Income Tax Rate... 
by SteinLaw | Feb 22, 2021 | taxes
The new presidential administration is calling for sweeping changes in tax reform which should prompt you to schedule a meeting with your tax professional to adjust your personal and/or business strategies. Possible changes to the Child Tax Credit are coming, so you... 
by SteinLaw | Feb 3, 2021 | taxes
There’s already been a substantial push for updates to taxes and legislation in general in Washington, although the full picture of how this will unfold remains to be seen. Filing your taxes, however, in 2021 might look very different based on inflation... 
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...