by Mary Doherty | Sep 27, 2016 | Tax Planning
Usually, profits are taxable. However, when selling a home, taxpayers may not have to pay taxes on the gain from the sale. Here are some points to keep in mind if selling a home this year. Exclusion of gain Taxpayers may be able to exclude part or all of the gain...
by Mary Doherty | Sep 23, 2016 | Estate Planning
Valuation discounts are a significant component of estate planning. The IRS has used various legal theories to challenge discounts, but with limited success. In the most recent effort to curtail valuation discounts for family control entities (both active operating...