Tax Law

Understanding Federal Tax Exemptions: A Guide to Estate, Gift, and Generation-Skipping Transfer Taxes

November 27, 2024

While the high exemption amount only pertains to a small population of the United States currently, there will be many more taxable estates in 2026 if the law is not changed. ...[Continue Reading]

European Court Gives Virtual Currency a Boost: How Will This Affect the IRS?

November 16, 2015

The European Union has decided not to apply a value-added tax to the exchange of virtual currencies. Will this ruling affect how the IRS treats virtual currencies? ...[Continue Reading]