February 2020

  If you or a well-off relative are facing the gift and estate tax, here’s a planning opportunity often overlooked: pay tuition and medical expenses for loved ones.   Such payments, structured correctly, do not represent gifts.   The monies spent by you on the qualified medical and tuition payments...

The Setting Every Community Up for Retirement Enhancement (SECURE) Act changed the landscape for retirement and savings planning.   Here are eight important reminders about this new law:   You can’t use contributions made in 2020 but applied to 2019 for any SECURE Act provisions that apply to...

With incentive stock options (ISOs), you could be on your way to a very nice payout.   But you must consider both the regular federal income tax results and the alternative minimum tax (AMT) results.   In addition, you must pay attention to special rules that apply to so-called...