Alerts & Updates
2016 Private Clients Group Annual Client Update
November 2016Although we cannot be certain what the new Trump Administration will seek to change in the federal tax laws, we do know that during the campaign season President-Elect Trump expressed these intentions with regard to federal estate, gift and income taxes.
Client Alert - IRS Proposes Dramatic Changes in Valuation Discounts For Family-Owned Businesses and Entities For Gift and Estate Purposes
August 31, 2016On August 2, 2016, the IRS proposed major changes to the Regulations under Section 2704 of the Internal Revenue Code affecting how interests in family-held businesses are to be valued when transferred among family members.
Client Alert - Tax-Free Direct Charitable/IRA Distributions
November 2015Will Congress extend expired law retroactively for 2015? If so, when? What should donors do?
Client Alert - New York Estate Tax Laws
February 2014Recently Governor Cuomo submitted a budget bill which includes significant changes to the New York estate tax laws.
Client Alert - Estate, Gift and Generation-Skipping Transfer Tax
January 2013On January 2, 2013, the Federal Government enacted the American Taxpayer Relief Act of 2012 (the “2012 Tax Act”) changing, among other things, the estate, gift and generation-skipping transfer (“GST”) tax regime once again.