Oct 4, 2016 | Estate Planning, Tax Law
In August, 2016 the IRS issued long anticipated proposed regulations under Section 2704 of the Internal Revenue Code that, if finalized, will substantially impact the estate and gift tax planning of family owned businesses. Pursuant to the proposed 2704 regulations,...
Sep 10, 2014 | Business & Corporate, Estate Planning, Tax Law
While it is not uncommon for nonprofits to engage in business transactions with insiders, i.e., doing business with an entity related to a board member or officer of the nonprofit organization, it is important that the nonprofit engage in due diligence and strict...
Jul 23, 2014 | Business & Corporate, Estate Planning, Tax Law
The Florida Solicitation of Contributions Act (the “Act”) requires anyone who solicits donations, i.e., charitable organizations, sponsors, professional solicitors and fundraising consultants, to register with the Florida Department of Agriculture and Consumer Affairs...
Feb 11, 2014 | Estate Planning, Tax Law
Beginning in 2011, the exemption from federal estate tax applicable to the estates of most decedents has been $5,000,000 (or even slightly higher). If the assets comprising a decedent’s gross estate during that time were less than $5,000,000, the new federal...