This issue’s topics include: Negotiations Continue On Extenders, Omnibus, ACA Taxes IRS Launches Initiative To Help Employers Keep Current With Payroll Taxes IRS Reminds Applicable Large Employers Of ACA Reporting Deadlines Transfer Of Stock In Family Business To Trust For…
Blog Archives
Estate Planning Tip: Taxable on Death Accounts
Taxable on death accounts have become a popular estate planning technique in recent years. The account automatically passes to designated beneficiaries upon the death of the primary owner. These type of accounts pass to beneficiaries outside of the probate process.…
Tagged with: Estate Planning, Grantor, Income Tax, Internal Revenue Service, Reporting, Tax, Trust, Trust law, Trustee, United States
Posted in Estate Planning
Posted in Estate Planning
Krucher Authors Chapter in International Taxation Guide
Richard A. Krucher, CPA, a Partner in the Tax Department at Insero & Company CPAs, P.C., has authored a chapter in a new e-book published by the International Taxation Committee of New York State Society of Certified Public Accountants (NYSSCPA).…
Estate Planning Tip: Grantor Trust Information Reporting Requirements
Trustees of grantor trusts need to be aware of additional expenses associated with meeting information reporting requirements. Grantor trusts are disregarded for tax purposes and are commonly used in many estate plans, but they can be confusing. Many trustees believe…
Tagged with: Estate Planning, Grantor, Income Tax, Internal Revenue Service, Reporting, Tax, Trust, Trust law, Trustee, United States
Posted in Estate Planning
Posted in Estate Planning
Estate Planning Tip: Naming Your Spouse as Trustee
When setting up a trust, your first instinct might be to name your spouse as the trustee. Just be aware that without proper planning, naming your spouse as the trustee may cause tax and administration difficulties down the road. If…
Tagged with: Administration, Beneficiaries, Estate Planning, Estate Tax, Fair Market Value, Marriage, Money, Relationship, Spouse, Tax, Trust, Trustee
Posted in Business Updates, Estate Planning
Posted in Business Updates, Estate Planning
Estate Planning Tip: Planning for Estate Taxes and Income Taxes on Business Earnings
When creating a trust to hold a business interest it is important to determine where the money will come from to pay the income taxes associated with the profits of the business allocated to the trust. Sometimes the trust instrument…
Tagged with: Assets, Business, Estate Planning, Estate Tax, Grantor, Income Tax, Liability, Money, Retirement planning, Trust
Posted in Business Updates, Estate Planning
Posted in Business Updates, Estate Planning
Alan Pecora
Anthony Mangiameli
David Mandrycky
Insero & Co.
Jacquie Platt
Jennifer Ott
Kimberly Gangi
Lou Gangi
Renee Ricci
The Highest Standard 