Tag Archives: Tax Issues (Sentinel)
January 2020 may feel like a long time ago, but it marked a relatively recent update to the rules governing retirement accounts, especially individual retirement accounts. This means that even if you previously decided how to handle your traditional or Roth IRA upon your death, you may need to revisit your plan to ensure it still works the way you intend.
Read More
Moving abroad may affect your retirement plans. Workers in the process of saving for retirement and retirees trying to prudently budget their existing savings should both approach an overseas move, whether temporary or permanent, with care.
Read More
The future always includes an element of uncertainty, even if the legislative landscape feels relatively stable. Taxpayers may want to take advantage of various strategies to make the most of the current rules while they remain in effect.
Read More
The United States’ worldwide approach to taxes can be burdensome, but expatriation is not a decision to make lightly. If tax considerations are your main motivation, know that the IRS will do its best to make your departure as painful as it can.
Read More
The COVID-19 pandemic has been stressful for everyone. But if you worked remotely, and especially if you plan to continue doing so, don’t let a potential change to your taxes slip under the radar.
Read More
It’s the year of the NFT. But if you plan to dive into the world of this newly popular asset, you will need to brave a complicated tax landscape.
Read More
A recent Tax Court decision represented a win for Michael Jackson’s estate and provided a case study in why hard-to-value assets can complicate estate planning.
Married couples may want to consider a qualified domestic trust, or QDOT, to ensure Uncle Sam doesn’t cut in on their estate planning if one of the spouses is not an American citizen.
Read More
Digital collaboration and the rise of larger local music scenes give musical professionals options to move away from hubs like LA and NYC. But artists who receive royalty income may need to consider state income taxes as they relocate.
Read More
Receiving a job offer or new compensation package is exciting. But if that offer includes equity compensation, it’s important to take time to know what you are getting.
Read More
