Metz Lewis Brodman Must O’Keefe LLC celebrated 20 years in business this month. To see a quick video from our party, please click here.
Some Home Equity Interest Still Deductible Under Tax Cuts and Jobs Act
In Tax and Estate Planning PostedThe Tax Cuts and Jobs Act (TCJA) passed in December, 2017 limited the deductibility of home mortgage interest to $750,000, down from the prior limit of $1 million. At the same time, the [...]
The “Weinstein Tax”: Tax Cuts and Jobs Act Changes Tax Treatment for Sexual Harassment Settlements
In Employment and Labor, Tax and Estate Planning PostedRight as the #MeToo movement was gaining steam, Congress was in the midst of drafting a substantial change to the tax code. As Congress scrambled to find revenue raisers needed to partially [...]
On January 31, 2018, the firm presented a seminar entitled “Micro-Captive Update and Practical Pointers from U.S. Tax Court Litigators” to local public accountants and attorneys. [...]
Yes, #YouToo: Top 5 Steps You Should Immediately Take to Protect Your Business Against Sexual Harassment Lawsuits
In Employment and Labor, Risk Mitigation PostedThroughout the end of 2017, reports of sexual harassment and sexual assault dominated the news cycle. Although initially focused on the entertainment industry, due to the explosive allegations [...]
Practical Tax Management for Parents and Grandparents of Young Adults (3 of 3)
In Tax and Estate Planning PostedOne pitfall of gifting appreciated assets is the “Kiddie Tax.” The Kiddie Tax is designed to stem revenue losses from shifting investment income from a high tax rate donor to a low tax rate [...]
President Trump signed the Tax Cuts and Jobs Act of 2017 (“TCJA”) on December 22, 2017. Since most of the TCJA sunsets on December 31, 2025, the TCJA is inherently temporary. What Changed. The [...]
The Senate and House of Representatives have both passed the Tax Cuts and Jobs Act of 2017 (“TCJA”), and President Trump signed the Act on December 22, 2017. The TCJA makes numerous changes to [...]
In light of the Tax Cuts and Jobs Act currently being reconciled in the Congressional Conference Committee, consider several year-end charitable giving maneuvers to capitalize on upcoming tax law [...]
Section 831(b) Micro-Captive Insurance Arrangements Again Listed on the IRS’ “Dirty Dozen” List of Tax Scams for 2017
In Risk Mitigation, Tax and Estate Planning PostedBy including micro captives on the list, the Service has telegraphed that it will continue vigorously challenging micro-captive arrangements. For three consecutive years, the Service has targeted [...]
