Brad Cohen’s article, “How to Keep Your Home Address Private,” was published on the What Is Privacy? blog on February 27th, 2019.
Brad Cohen’s article “Achieving True Privacy for Public Figures Through Privacy Trusts,” was published in the May issue of Los Angeles Lawyer on May 1st, 2019.
A bill before the California legislature seeks to impose an estate tax of 40% on the net value of a decedent’s estate in excess of $3.5 million, with a credit for all federal estate taxes paid by the estate. Background In 2017, as Congress debated legislation that ultimately became the Tax Cuts and Jobs Act, […]
In 2017, if a client owned an interest in a foreign entity (directly or indirectly through a tiered entity structure), then an evaluation should have been done to determine whether the client owed a repatriation tax under the Tax Cuts and Jobs Act (TCJA). Many clients, and their tax advisors, are unaware of this obligation […]
Burton Mitchell was profiled in the Baruch Alumni Magazine on November 29, 2018.
Brad Cohen wrote the article “Trump Tax Cut Roils the Rules” in Variety on September 25, 2018
President Trump signed into law H.R. 1, which has a major impact on estate planning. The new law doubled the federal exemption for estate tax, gift tax and the tax on generation-skipping transfers (GST), starting January 1, 2018; the lifetime exemption for each of these taxes is now $11.2 million per taxpayer. Married couples together […]
Tim Lappen and Scott Loresch wrote an article for Petersen Automotive titled “Is Private Aviation a Taxable Fringe Benefit?” in 2017.
Jamie Ogden’s article “Important tax news for owners of Partnerships and LLCs” was republished by Hotel Online.
On June 13, 2017, the Treasury Department republished Proposed Treasury Regulations regarding the new partnership audit regime enacted as part of the Bipartisan Budget Act of 2015. Generally, the new partnership audit rules will be effective January 1, 2018. As a result of the new partnership audit regime: (1) individuals and/or entities that were formerly […]