This message contains images. If you don't see images, click here to view.
Click here to advertise in this news brief.
  Mobile version   RSS   Subscribe   Unsubscribe
Home   Membership   Calendar   Foundation   Links   Job Board June. 15, 2011


Making 2 years last a lifetime: The most compelling planning opportunities now
Gregory D. Singer, National Managing Director, Director of Research — Bernstein Global Wealth Management    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The current gifting and estate tax legislation enacted in December 2010 arrived with far better terms than even the most optimistic pundits could have predicted; however the legislation is temporary, providing only a two-year extension. Bernstein Global Wealth Management recently completed a research project to analyze the benefits of planning during this two-year window. We believe that for many families, planning done in the coming two years could address all of their estate planning needs for the rest of their lives. More

The 2011 IRS Offshore Voluntary Disclosure Initiative: The first step in a massive crackdown?
M. Robinson & Co., P.C.    Share    Share on FacebookTwitterShare on LinkedinE-mail
On Feb. 8, 2011, the Internal Revenue Service announced its second voluntary disclosure initiative in less than two years for U.S. taxpayers with unreported foreign bank accounts. IRS calls it the 2011 Offshore Voluntary Disclosure Initiative (2011 OVDI). More

Senate eyes compromise on estate tax
The New York Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Senate Republicans are working on an estate-tax compromise with Democrats rather than a repeal backed by long-time Republican foes of the tax, The Post has learned. Last December, Congress passed a new law just weeks before old one expired, making the estate-tax exemption $5 million for 2011 and 2012. More

Ohio about to repeal its estate tax
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In recent years, state politicians have done a lot of tinkering with estate taxes and the current legislative session has been no exception. The biggest news came out of Ohio, where legislators in both the House and the Senate have voted to repeal the state estate tax as of Jan. 1, 2012. More

Louisiana House panel passes state income tax cut without study commission trigger
The Times-Picayune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
As expected, the House Ways and Means Committee passed a 10-year personal income tax phase out, without tying the cuts to the actions of a study commission that the Senate added to the bill last week. The action, made without dissent, sends the latest version of Senate Bill 259 to the full House, and it sets up a late-session showdown with the House on one side and the Senate and Gov. Bobby Jindal on the other. More

Michigan income tax credits for donating to charities end next year
The Flint Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In a couple of years, donating to some Michigan charities won't feel quite so good — at least not where your pocketbook is concerned. As part of a massive tax reform bill signed into law last month, all state income tax credits for charitable donations were eliminated to help close Michigan's $1.5 billion budget deficit. More

Pawlenty proposes deep cuts in federal spending, tax rates
The Washington Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Republican presidential contender Tim Pawlenty rolled out his plan to boost economic growth, calling on Congress to dramatically alter the nation's tax system and to enact sweeping cuts in federal spending — all part of his broader push to woo conservatives in the party primaries. More

IRS announces loss of charitable status for 275,000 non-profits
Gamut News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Internal Revenue Service has taken away the tax-exempt status of 275,000 non-profit groups and organizations, after they failed to file the appropriate forms to maintain that status. The move was made to help accuracy of non-profit meta records, as researchers use that data to determine the size of the non-profit sector in the United States. The IRS believes that the majority of the groups that lost their tax-exempt status are no longer operational anyway, or many were simply impossible to contact. More

Financial planning, right on the money
The Record Searchlight    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The concept of structuring a financial plan may be a new concept to most people. Many individuals feel that their estates are too small or that a financial plan is too complicated. Their option is often to leave things to chance. More

Estate planning crucial for all
The News Star    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Q: I'm not rich or famous, but I do want my family to inherit whatever I've got. Does someone like me really need a fancy will? More

June 17, 2011
South Texas Chapter Meeting
2011 Annual Income Tax Seminar
June 21, 2011
Members Only Study Group: Quarterly Update on S Corporations
June 25-30, 2011
48th Annual Meeting & Education Conference
June 30, 2011
Members Only Study Group: Special Needs Trust
July 5, 2011
Unwinding the Black Box of Life Insurance - MO Chapter Meeting
July 20, 2011
Colorado Chapter Meeting
July 28, 2011
Members Only Study Group: Running an Efficient Elder Law Practice
July 30, 2011
Washington Nationals vs. NY Mets — Capital Area Baseball Outing
Aug. 18, 2011
Members Only Study Group: Conversions
Aug. 19, 2011
"How to Ethically Represent your Client in Buying and Selling a Dental or Medical Practice?"
Aug. 25, 2011
Members Only Study Group: What Really is Asset Protection?
Sept. 13, 2011
Members Only Study Group: Quarterly Update on S Corporations
Sept. 22, 2011
Members Only Study Group: Basic vs Advanced Planning in Elder Law

The Attorney-CPA Weekly Update
Colby Horton, Vice President of Publishing, 469.420.2601   Download media kit
Annette L. Kovac, Content Editor, 469.420.2604   Contribute news
This edition of The Attorney-CPA Weekly Update was sent to ##Email##. To unsubscribe, click here. Did someone forward this edition to you? Subscribe here -- it's free!
Recent issues
June 8, 2011
June 1, 2011
May 25, 2011
May 18, 2011

7701 Las Colinas Ridge, Ste. 800, Irving, TX 75063