Tax Court Upholds Ruling on Deductions for Conservative Easements

03-Jan-2020

Court finds that the IRS complied with rules under section 6751 in assessing penalty.

The U.S. tax court recently upheld penalties assessed against a Georgia partnership for a tax deduction related to a conservation easement. Anyone who received tax benefits as a re ...

SMALL CARROTS & BIG STICKS: THE IRS’ OFFER TO IRC 831(b) CAPTIVE INSURANCE COMPANIES

15-Dec-2019

Understanding the IRS’s settlement to IRC 831(b) Captive Insurance Companies

Beckett G. Cantley Geoffrey C. Dietrich Cantley Dietrich, PC This article is another in our ongoing series on Internal Revenue Service (“IRS”) treatment of rogue Internal Reven ...

Overwhelmed with Small Business Tax Compliance? A Tax Specialist Can Help

31-Dec-2019

Tax advisers can help you minimize your tax liability as a small-business owner.

Any small-business owner knows that tax time can be stressful. Further, you may not fully understand the tax laws. This can leave you worrying about the legal implications if you a ...

End-of-Year Tax Strategies for People with High Net Worth

06-Dec-2019

Tax planning is essential to avoid paying too much in taxes if you have a high net worth.

It’s that time of year again — no, not for holiday shopping — time for your end-of-year income tax planning. It might not be the first thing you want to do during the season, ...

Many High-Net-Worth People Haven’t Taken Critical Estate-Planning Steps

01-Nov-2019

Protect your wealth by consulting an advisor who knows estate planning.

More than one-third of individuals (38%) with a net worth over $1 million haven’t taken the basic steps necessary to secure their wealth in the event something happens to them, a ...