Taxation

Description

Last Updated on

Below are links to blog posts and other related content:

How are Employee Bonuses Taxed?

Bonuses are characterized as a special type of income called "Supplemental Wages."

Read More»

Tax Plan Differences: Trump vs. House GOP

Although Trump and the Republicans in the House of Representatives generally agree on a number of significant tax reform issues, there are still a number of issues that need to be resolved.

Read More»

Closing an IRS Tax ID (EIN) Account

But what about terminating or cancelling an EIN? Although the process is fairly simple as well, there's currently no option to do so via the internet.

Read More»

Trump’s Estate Tax Plan

We can only presume this means there will be a step-up in basis for up to $10 million of property upon the owner's death and that any tax associated with the gain on the property will only be incurred if and when such property is sold.

Read More»

Treasury Issues Proposed Regulations to Restrict Minority Discounts

The U.S. Department of the Treasury recently issued proposed regulations which could substantially reduce or eliminate minority discounts often associated with federal estate tax planning.

Read More»