Most couples tend to overlook important consequences and planning opportunities when deciding how to take or maintain title to property.
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Yours, Mine And Ours: How Spouses Share and Transfer Property
Beware Mutual Funds Using Hedge Fund Strategies
With hundreds of mutual funds that use hedge fund strategies being rushed to market, there are bound to be some …
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Performance Reviews That Work
I can’t think of any ritual in American business that is more widely despised than the annual performance review. Employees …
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Duly Noted
Employer-provided cell phones nontaxable, IRS says. Employees who make personal use of employer-provided cell phones do not owe income tax …
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New Hires and Promotions
Shomari Hearn becomes VP, leads list of promotions and new hires at Palisades Hudson.
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No Interest In Foreign Accounts
The IRS has been aggressive recently in pursuing tax cheats who have hidden assets in offshore accounts. Penalties for not …
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Capital Gains Planning Strategies
Capital gains tax rates are at historic lows, but they are in the political crosshairs. It’s a good idea to take advantage of planning strategies now.
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Avoiding The Partnership Technical Termination Trap
Some families have been pleased about using partnership interests for wealth transfer during the recent market lows. Unfortunately, a few have been met with unwelcome surprises — five-figure bills penalizing the partnerships for filing late tax returns.
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New Staff Members Bring Array Of Skills To Firm
It takes more than just financial talent to operate a high-end wealth management practice these days. Recent additions to our …
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Duly Noted
Dwelling Used By Parents Is Taxpayer’s ‘Abode.’ In an apparent change of longstanding practice, a New Jersey businessman became subject …
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