Sentences with phrase «of estate tax law»

The uncertainty of the estate tax law means that families will desire to hedge their bets, in a manner of speaking, in order to avoid or mitigate the estate tax consequences.

In fact, a large percentage of heirs are not aware of the estate tax laws.

Not exact matches

«Then revisit your estate plan anytime there's a significant change in the tax laws, your family situation, or the condition of your business,» Burkley advises.

He is a Certified Specialist both in Taxation Law and in Estate Planning, Trust & Probate Law (The State Bar of California, Board of Legal Specialization) admitted to practice law in California, Hawai'i and Arizona (inactive), specializing in Federal and state civil tax and criminal tax controversy matters and tax litigation, including tax - related examinations and investigations for individuals, business enterprises, partnerships, limited liability companies, and corporatioLaw and in Estate Planning, Trust & Probate Law (The State Bar of California, Board of Legal Specialization) admitted to practice law in California, Hawai'i and Arizona (inactive), specializing in Federal and state civil tax and criminal tax controversy matters and tax litigation, including tax - related examinations and investigations for individuals, business enterprises, partnerships, limited liability companies, and corporatioLaw (The State Bar of California, Board of Legal Specialization) admitted to practice law in California, Hawai'i and Arizona (inactive), specializing in Federal and state civil tax and criminal tax controversy matters and tax litigation, including tax - related examinations and investigations for individuals, business enterprises, partnerships, limited liability companies, and corporatiolaw in California, Hawai'i and Arizona (inactive), specializing in Federal and state civil tax and criminal tax controversy matters and tax litigation, including tax - related examinations and investigations for individuals, business enterprises, partnerships, limited liability companies, and corporations.

This discussion also does not consider any specific facts or circumstances that may be relevant to holders subject to special rules under the U.S. federal income tax laws, including, without limitation, certain former citizens or long - term residents of the United States, partnerships or other pass - through entities, real estate investment trusts, regulated investment companies, «controlled foreign corporations,» «passive foreign investment companies,» corporations that accumulate earnings to avoid U.S. federal income tax, banks, financial institutions, investment funds, insurance companies, brokers, dealers or traders in securities, commodities or currencies, tax - exempt organizations, tax - qualified retirement plans, persons subject to the alternative minimum tax, persons that own, or have owned, actually or constructively, more than 5 % of our common stock and persons holding our common stock as part of a hedging or conversion transaction or straddle, or a constructive sale, or other risk reduction strategy.

Real estate investing includes risks such as declines in value of real estate, changing economic conditions, tax laws or property taxes.

«This year's Advanced PFP Conference will cover the impact that changes to tax law are having on retirement planning, investment decisions, insurance / risk management solutions and estate plans,» said Andrea Millar, CPA / PFS, AICPA director of personal financial planning.

«The province has responsibility for law enforcement, real estate, provincial taxes, securities and the administration of justice.

Of course, certain lawyers and other estate planners (your correspondent among them) will also have to turn to more productive work when the law no longer makes it easy to propose a six - figure tax - saving strategy after just 15 minutes of conversation with a new clienOf course, certain lawyers and other estate planners (your correspondent among them) will also have to turn to more productive work when the law no longer makes it easy to propose a six - figure tax - saving strategy after just 15 minutes of conversation with a new clienof conversation with a new client.

Be aware that US tax laws are quite complicated and it is impossible to discuss every tax nuance of real estate investing in an article such as this.

With retirement benefits, you need to know the impact of income tax and estate tax laws in order to select the right beneficiaries.

Our investment management practice advises on investment funds, tax law and regulatory issues in the context of structuring various kinds of collective capital assets investing in private equity, real estate, renewable energy, leasing agreements and other asset classes.

We like to refer to Rosenstein & Associates as being «The Temecula Law Firm» and that our clients can rely on us to help in the formation of a new business, help manage the legal needs of an existing business, including when necessary business & corporate litigation; ongoing transactional matters (more commonly referred to as contractual matters); assisting with the filing of copyrights and trademarks; assistance with real estate transactions, assistance with tax audits, tax litigation, and when necessary with business reorganization, including filing a Chapter 11 or a business Chapter 7 under the U.S. Bankruptcy Code.

Baseball is boring, college football is increasingly regarded as a tax dodge and festive violation of every labor law ever written, and NASCAR and the NHL have entered the «maybe I'll just apply for a real estate license and see what happens» stage of late adult wage - earning.

Stefanie's practice focuses on comprehensive estate planning for high net worth individuals, family business succession planning, probate and trust administration and the law of tax exempt organizations.

Windsor sought to claim the federal estate tax exemption for surviving spouses, but was barred from doing so by § 3 of the federal Defense of Marriage Act (DOMA), which amended the Dictionary Act — a law providing rules of construction for over 1,000 federal laws and the whole realm of federal regulations to define «marriage» and «spouse» as excluding same - sex partners.

Astorino, who is seeking a third term, has blasted Latimer for the $ 48,000 in taxes owed on a home owned by his wife, which Latimer has said has fallen into estate issues after the death of his mother - in - law.

Two real estate developers hired the law firm to represent them in tax challenge cases in return for Silver allegedly backing the renewal of state tax incentives for developers of large housing projects that include affordable units, according to federal charges.

Policy agendas for important issues like the 421a tax abatement and New York City rent laws are being set by publicly elected leaders who have become dependent on the real estate industry's onslaught of millions of dollars in campaign contributions.

Mr. Cuomo has kept lawmakers in Albany in hopes of reaching a deal on rent regulations and other matters, including expiring laws governing mayoral control of city schools and the 421a real estate tax credit, but so far there has been no movement on those issues.

Empire Zone tax credits also went to real estate management companies, power plants, lawyers and accountants - people in industries that were not in danger of leaving New York state, and people who were in the best position to know the laws and its loopholes.

Blair Horner, with the New York Public Interest Research Group, says he'd first like to hear an explanation from Speaker Sheldon Silver about the details of alleged payments from a law firm specializing in real estate taxes.

They include looking at how luxury real estate developers got a tax break secretly buried in a law passed last January, and they refer to e-mails from a trade association that sponsored a fundraiser for Assembly Democrats that specifically said contributions of $ 10,000 per attendee were necessary to get favorable laws enacted and stop «terrible» ones from happening.

Dec. 29, 2014: The Times reports that federal investigators are probing Silver over payments he received for referring real estate clients to the tax certiorari law firm of Goldberg & Iryami.

Other schemes involved kickbacks from a legal firm specializing in tax law, and favors to the real estate industry in the form of favorable tax laws.

Disgraced former Assembly Speaker Sheldon Silver told officials at a powerful real - estate firm that there was no problem with him taking fees from a law firm to which they steered property - tax cases — even though they feared «adverse consequences» from pulling out of the deal, according to new court papers filed Monday.

On the surface, the dispute centered on arcane state laws governing real estate tax breaks and mayoral control of the city's public schools.

Silver stepped down from his post after he was arrested on Jan. 22 for allegedly reaping $ 4 million in kickbacks from law firm Goldberg & Iryami, including some stemming from referrals of real estate developers seeking tax abatements, Bloomberg News reported.

Silver, a Manhattan Democrat who has served as speaker of the state assembly since 1994, has been under federal investigation over payments he received from a small law firm, Goldberg & Iryami, that specializes in New York City real estate taxes.

At least 27 clients of Silver's recently revealed second law firm received state - authorized real estate tax breaks, a Capital New York analysis has found.

«Details of the specific charges against Silver were unclear on Wednesday night, but one of the people with knowledge of the matter said they stemmed from payments Mr. Silver received from a small law firm that specializes in seeking reductions of New York City real estate taxes,» the Times reported.

The renewal of rent and real estate laws, including a controversial real estate tax break, are being fiercely debated.

Some of the same leaders were also in negotiations with top players in the city's real estate community, trying to set more favorable terms of a state law that gives tax abatements for new developments.

But during his trial, Silver was found to have arranged payments from developers to a law firm that handled property tax appeals for real estate companies, yielding hundreds of thousands of dollars in fees for the speaker.

A number of witnesses thus far have testified about Silver's referral arrangement with the real estate law firm Goldman & Iryami, which worked to reduce the taxes some of the biggest real estate firms in the state paid to New York City.

Silver is also accused of getting more than $ 700,000 in a real estate scheme — he pocketed referral fees from law firms that did tax work for wealthy developers, which Silver sent their way, prosecutors said.

Much of the money came as referral fees for cases and clients Silver sent to a personal injury law firm Weitz & Luxenberg and another small firm, Goldberg & Iryami, which handles real estate tax appeals.

He was holding onto a reputation as a tenant advocate, and he was staring down a session filled with major real estate questions, including the renewal of rent laws and the 421a tax credit.

The reauthorization also included a provision that suspended the law unless the Real Estate Board of New York and the construction trade unions agreed on the wages that would be paid to construction workers hired to build the projects receiving the tax exemption.

Local - level groups in New York with disparate interest ranging from real estate to law enforcement on Wednesday sent a letter to members of Congress in a last - ditch effort to save state and local tax deductions.

With a month to go, the Westchester County race has proved to be particularly personal, with Astorino blasting Latimer for taxes owned on a home owned by his wife stemming from estate issues following the death of his mother - in - law.

Trump dismissed a published copy of an IRS filing that showed he used the U.S. tax code to take a nearly $ 1 billion operating loss in 1995, saying the news media is «obsessed» with a decades» old return and that he, in fact, «brilliantly used the law» to salvage his real estate empire.

Instead he provided «indirect services to the law firm in the areas of corporate trusts, tax certiorari, wills and estate, land use and planning.»

Silver was accused of receiving $ 700,000 in payments from one law firm in exchange for using his official position to obtain recurring tax certiorari legal claims of two real estate developer clients with business before the New York State Legislature.

The leader of the state Senate, John Flanagan, said he'd allow senators to go home for a few days, after they finish their business Thursday evening, even though there are no agreements with the Assembly or Cuomo on the New York City rent laws, a related tax break for real estate developers, and an education tax credit.

He also promised to repeal a law placing absolute liability on contractors when workers are injured on scaffolding, eliminate the estate tax — Cuomo and legislators this year raised the exemption threshold — and adopt a report by State Senate Republicans recommending dozens of regulations be repealed.

The Senate is the last word before Gov. Cuomo on some of the most important issues to the real estate industry, including the 421a developer tax exemption and New York City's rent stabilization laws.

Prosecutors allege Silver steered real estate developers to a law firm run by Silver's former counsel in the Assembly, which handled complicated real estate tax cases, and that Silver received kickbacks at his own firm, Weitz & Luxenberg, from referrals of asbestos cases that were sent by a doctor who received state research funds.

Other schemes involved kick backs from a legal firm specializing in tax law, and favors to the real estate industry in the form of favorable tax laws.

The federal inquiry focused on payments that Mr. Silver received from a small law firm that specializes in seeking reductions of New York City real estate taxes.