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Tax Relief Available for Recent California Wildfire Victims

By |2018-03-06T21:46:35+00:00March 6th, 2018|Categories: Tax Planning|Tags: , , , , , , |

The Bipartisan Budget Act of 2018 was signed into law on February 9th, 2018.  The act includes several provisions aimed at helping victims of the recent California wildfires. Casualty Loss Reporting For qualified wildfire losses on or after October 8, 2017, the act eliminates some of the restrictions involved in claiming these losses, as follows: [...]

Charitable remainder trusts can provide a wealth of benefits

By |2017-11-10T21:26:51+00:00November 10th, 2017|Categories: Estate & Trusts|Tags: , , , , , , , , |

Charitable remainder trusts (CRT) may be a great estate planning strategy for the charitably inclined. A CRT allows you to support a favorite charity while potentially boosting your cash flow, shrinking the size of your taxable estate, reducing or deferring income taxes, and enjoying investment planning advantages. How does a CRT work? You contribute stock [...]

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