NYCPA News and Blogs

I.    INTRODUCTION   The primary goal of most employers in establishing any type of retirement savings program is to…

Transfers between U.S. Citizen Spouses -— The Marital Deduction U.S. citizens may delay the imposition of either the U.S.…

In 2022, taxpayers have at their disposal a $12,060,000 Basic Exclusion Amount (BEA) for federal gift and estate tax…

Foodies love their fads and crazes: Kobe beef, bluefin tuna sashimi, even the seasonal pumpkin spice latte. But truffles are…

This is the second part of the two-part piece of this article. To read Part 1 of this piece, please click here. IV. CAPITAL…

Proposed Changes to IRC Section 2053 Would Introduce Present Value Concepts for Estate Tax Deductions, Limit “Graegin…

A decision was recently handed down from the New York State Court of Appeals Third Judicial Department that was unexpected…

Limited liability companies (“LLCs”) have become the business entity of choice. The corporation has waned in popularity,…

After a very rushed flurry of activity in Congress, President Donald Trump signed legislation commonly known by its acronym…