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Results: 11-20 of 29

Recent decision further clouds the muddy waters of annual exclusion giving
  • Baker Donelson Bearman Caldwell & Berkowitz PC
  • USA
  • May 27 2010

Present law allows a donor who desires to make a gift the ability to transfer up to $13,000 per donee, per calendar year, free of the gift tax and without the requirement of filing a gift tax return


Spotlight on Alabama: program for unreported offshore accounts
  • Baker Donelson Bearman Caldwell & Berkowitz PC
  • USA
  • April 28 2010

On April 1, 2010, the Alabama Department of Revenue (Department) issued a News Release offering "a time-limited opportunity for anyone trying to avoid Alabama taxes by using hidden, offshore bank accounts to come forward without penalty."


Out of sight isn’t out of (the IRS’s) mind: the expanding universe of foreign disclosure requirements
  • Baker Donelson Bearman Caldwell & Berkowitz PC
  • USA
  • July 27 2011

Taxpayers who fail to comply with U.S. income tax and foreign asset reporting requirements face draconian civil and criminal penalties, and enforcement of these requirements remains a priority for the IRS


Taxpayers given another chance to tell IRS about unreported foreign accounts and assets
  • Baker Donelson Bearman Caldwell & Berkowitz PC
  • USA
  • February 11 2011

U.S. citizens and resident aliens have another opportunity to disclose foreign holdings with less than normal penalties before August 31, 2011


Estate planning under a new law
  • Baker Donelson Bearman Caldwell & Berkowitz PC
  • USA
  • December 29 2010

Estate planning has been altered significantly by the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (Act), signed on December 17, 2010


Estate planning after the Tax Act of 2010
  • Baker Donelson Bearman Caldwell & Berkowitz PC
  • USA
  • July 27 2011

President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 on December 17, 2010 (the Act


Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010
  • Baker Donelson Bearman Caldwell & Berkowitz PC
  • USA
  • December 22 2010

On December 17, 2010, President Barack Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, which has been designated P.L. 111-312 (Act


A letter to our estate planning clients
  • Baker Donelson Bearman Caldwell & Berkowitz PC
  • USA
  • January 15 2010

You may have received announcements from one or more of your financial advisors informing you that the federal estate tax has been repealed effective January 1, 2010, and explaining the technical details of this development


Family entities continue as viable planning tool
  • Baker Donelson Bearman Caldwell & Berkowitz PC
  • USA
  • October 7 2009

Two recently-litigated taxpayer victories underscore the continuing viability of family entities (family limited partnerships or LLCs, or FLPs) as an estate planning tool


Navigating the uncharted waters of estate tax repeal
  • Baker Donelson Bearman Caldwell & Berkowitz PC
  • USA
  • January 5 2010

Congress adjourned for 2009 without addressing the repeal of both the federal estate tax and generation-skipping transfer (GST) tax effective January 1, 2010, unleashing a storm of uncertainty that engulfs both existing estate plans and future estate planning