The Trump Administration initiated an investigation on automobile imports in May of 2018. The Department of Commerce, which undertook the investigation, submitted its report to the President in February of 2019, but the Administration has not made it public. Nevertheless, on May 17, 2019, President Trump announced his determination that U.S. imports of automobiles and
Tax
Where there’s a Will . . . You still need to check those beneficiary designations.
By Elizabeth Mullaugh on
Posted in Successor Planning, Tax
Just completed your estate planning? Let’s be sure. You have a Will? Super. Powers of Attorney? Terrific. Living Will? Excellent. Now, have you checked the designations on your retirement plan? Life insurance? Health Savings Accounts?
While a Will remains a critical part of an estate plan, it doesn’t get the whole job done for most…
Changes to the Tax Code Impacting All Tax Partnerships
By Peter Kriete on
New audit rules put into place by the Internal Revenue Service (the “IRS”) at the beginning of this year will have an impact on tax partnerships which may have significant ramifications for some dealers. Historically, many dealers put their dealership and real estate assets into entities that are taxed as “pass through” entities for tax…