Republican Response to President Biden’s American Jobs Plan
April 23, 2021 7:24 pm Leave your thoughtsOn April 23, 2021, Senators Shelley Moore Capito (R-WV), Roger Wicker (R-MS), Pat Toomey (R-TN) and John Barrasso (R-WY) unveiled... View Article
Author Archives for Steve Olson
Estate Planning for Basis Transfers While Avoiding Anti-Mixing Bowl Provisions
April 14, 2021 8:35 pm Leave your thoughtsOpportunities and challenges are abounding when optimizing basis and transferring wealth with partnership transactions. Partnerships serve as a popular estate... View Article
Potential Changes to the Estate Tax Regime under the New Administration
April 9, 2021 5:37 pm Leave your thoughtsHistorically, changes to federal tax law are often adopted from a previous attempt by the controlling political party to modify... View Article
Utilizing the Enhanced Lifetime Exemption with Spousal Lifetime Access Trusts
March 19, 2021 10:00 am Leave your thoughtsCompleted transfers to Spousal Lifetime Access Trusts (SLATs) are gaining popularity in the tax planning community. The TCJA doubled the... View Article
Tax Court Provides Some Clarity on a Tax Planning Technique: Charitable Gifts of S-corporation Stock
March 8, 2021 10:00 am Leave your thoughtsPrudent tax advisors make use of S-corporations for both wealthy and aspirational clients. The number of S-corporation returns filed with... View Article