Tag Archives: Taxes

A Look into the History of Pride and (Tax) Prejudice

While taxes might not be the first topic that comes to mind when someone mentions Pride Month, taxes were exactly the issue at hand when the Supreme Court held that federal level discrimination against same-sex spouses violated the Due Process …

Posted in Estates and Trusts, Legal Watch, LLG News | Tagged , , , , , , , | Comments Off on A Look into the History of Pride and (Tax) Prejudice

How Much Can I Gift? A Guide to Gifting and Taxes

Are you planning to give a special gift to a deserving graduate? Are you curious about the tax consequences of that gift? The Internal Revenue Service provides regulations regarding the definition of a gift, how much one person may gift, …

Posted in Estates and Trusts, Legal Watch | Tagged , , , , , , , | Comments Off on How Much Can I Gift? A Guide to Gifting and Taxes

Florida Snowbirds and Officially Relocating

Florida Snowbirds and Officially Relocating Benefits of Becoming a Florida Resident. Do you own a home in Florida? Have you ever considered becoming a Florida resident? Unlike other states, Florida has some attractive tax benefits that may help make that …

Posted in Estates and Trusts, Legal Watch, Real Estate | Tagged , , , | Leave a comment

Relocating to Florida Brings Tax Benefits

Benefits of Becoming a Florida Resident Do you own a home in Florida? Have you ever considered becoming a Florida resident? Florida has some attractive tax benefits that may help make that decision a little easier. Unlike other states, Florida has …

Posted in Estates and Trusts, Legal Watch, Real Estate | Tagged , , , | Leave a comment

IRS Weighs-in on PPP Loans

PPP Borrowers Cannot Deduct Expenses Paid With Forgiven PPP Loan Proceeds On May 1, the IRS released guidance addressing the deductibility of the expenses paid by businesses receiving a Paycheck Protection Program (PPP) loan. While the CARES Act provides that …

Posted in Corporate, COVID-19 Updates, Legal Watch | Tagged , , , | Leave a comment

It’s Official…Federal Tax Reform!

Wondering How Tax Reform Will Affect You or Your Business? Tax reform is here. President Trump signed the “Tax Cuts and Jobs Act” into law on December 22, 2017. The new law will affect millions of Americans in one way …

Posted in Business Succession Planning, Corporate, Estates and Trusts, Legal Watch | Tagged , , | Leave a comment

Washington County Property Reassessment Update

Reviewing Your Final Assessment and Navigating The Appeal Process Washington County recently concluded a court-ordered reassessment of all residential and commercial properties in the county. It is the first county-wide reassessment in more than 35 years and there is immense …

Posted in Legal Watch, Real Estate | Tagged , , , , | Leave a comment

Washington County Property Reassessment – What Owners Need To Know

The Process Involves Several Notices And Important Deadlines Similar to the reassessment that Allegheny County property owners experienced in 2012, Washington County recently concluded a court-ordered reassessment of all residential and commercial properties in the county. It is the first …

Posted in Legal Watch, Real Estate | Tagged , , , , | Leave a comment

Gifting Can Be A Valuable Estate Planning Tool

Understand the Tax Implications and Effect on Your Estate Plan Before You Give Are you planning to give a special gift to a deserving graduate? Are you curious about the tax consequences of that gift? The Internal Revenue Service provides …

Posted in Estates and Trusts, Legal Watch | Tagged , , | Leave a comment