Secure 2.0
New legislation affecting retirement plans and specifically required minimum distributions (RMDs), was signed into law in December of 2022. For...
What is FIRPTA?
FIRPTA stands for the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA). The disposition of a U.S. real...
2022 Sellers of Real Property- Do you need to file an IRS Form 1099-S?
If you sold or exchanged a residence in 2022, you may need to report the transaction to the IRS via...
End of Year Charitable Giving
As we enter the season of giving, it is important to consider all of the options available to you for...
“Deathbed Gifts” and the IRS
The IRS has many rules regarding the actions taken by taxpayers within three years of their death. A recent Tax...
‘Tis the Season of Giving
The season of giving and gifting is here. If you are considering charitable donations, consider that there are many ways...
Tax Law Changes by Robin A. Lloyd, Sr., J.D.
In about two more weeks, we should be able to tell what the tax law changes will be. Reach out...
Taxes by Robin A. Lloyd, Sr., J.D.
With a possibility of $3.5 Trillion in new government spending, it’s an attorney’s dream about the taxes that will generate...
Keeping tabs on pending legislation
The “Building Back Better Act” may significantly impact your estate planning. Consult with your attorney and financial advisors sooner than...
Yay or Nay to IRA?
IRAs (individual retirement accounts) are a popular wealth management and estate planning tool. Both traditional and Roth IRAs do have...