Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Blog Directory  >  Finance Blogs  >  RUBIN ON TAX finance Blog  > 

Rubin On Tax Blog


rubinontax.blogspot.com
AN EASY WAY TO KEEP CURRENT ON TAX AND LEGAL ISSUES RELATED TO FEDERAL AND FLORIDA TAX, ESTATE PLANNING, PROBATE & BUSINESS MATTERS
2021-08-06 00:42
In its most recent legislative session, the Florida legislature enacted a number of additions and modifications to Florida statutory law relating to Florida's homestead exemption. These prov… Read More
2021-05-17 16:53
 Below is a copy of article to be published this evening on Leimberg Information Services:Florida’s version of the Uniform Directed Trust Act (the “FUDTA”) has passed… Read More
2021-03-14 18:10
 For the applicable federal rates for the above month, preceding months, and a data table that visually shows trends, click here!  Direction of rates: moving upFollow @crubinc… Read More
2021-01-26 23:18
For the applicable federal rates for the above month, preceding months, and a data table that visually shows trends, click here!  Direction of rates: moving up Follow @crubinc… Read More
2020-11-08 16:57
The IRS may assess penalties for a person’s failure to file a required FBAR. If the person’s failure to file was willful, the IRS can impose a penalty equal to 50% of the account… Read More
2020-10-27 22:21
Fantasy sports generally involve selecting team members and then earning points when the selected team players compete in real-world sports events - the players with the highest points win… Read More
2020-10-26 00:45
For the applicable federal rates for the above month, preceding months, and a data table that visually shows trends, click here! Direction of rates: mostly flat.Follow @crubincrubin Read More
2020-09-23 23:12
 In a low-interest rate environment, loans by wealthy parents to children often makes sense from a planning perspective. If the recipient can invest the proceeds and earn more than the… Read More
2020-08-09 13:00
  The income tax treatment of annuities is provided for under Code § 72. That section provides various rules, including extra income tax for some distributions to younger taxpayers… Read More
2020-04-23 00:11
Nonresident alien individuals present in the U.S. for too many days in a calendar year may be classified as residents for federal income tax purposes under the substantial presence test. If… Read More
2020-04-12 19:33
Over the past few weeks, the IRS has provided numerous extensions due to the Covid-19 virus outrbreak. These included Notice 2020-17, Notice 2020-18, and Notice 2020-20. Some relief was prov… Read More
2020-02-23 14:16
Life insurance contracts may be sold for many reasons, including among family members as circumstances change, between trusts when it is desired to move a policy out of an irrevocable trust… Read More
2020-02-12 00:24
If a taxpayer contributes a conservation easement in land to a qualified organization, to obtain an income tax deduction the contribution must be in perpetuity. However, the law recognizes t… Read More
2020-02-01 20:38
Every year the IRS publishes a list of areas where the IRS will not issue a private letter ruling. Items on the list can provide a warning to taxpayers that the IRS may not agree with the co… Read More
2019-12-21 22:58
On December 20, 2019, President Trump signed into law the Setting Every Up Community for Retirement Enhancement (SECURE) Act, which was incorporated into the Further Consolidated Appropriati… Read More
2019-12-08 15:32
For liability protection, the question regularly comes up who in the family should own the cars. Ask a number of lawyers and you are likely to get a number of different answers.Note that the… Read More
2019-11-24 16:43
To view a PDF table and diagram of the current rates, click here.Interestingly, the mid-term rate has moved back up above the short-term rate. Thus, the yield curve inversion (a recession pr… Read More
2019-11-17 17:03
The IRS has announced for 2020:A. The basic estate and gift tax exclusion amount (and the GST exemption) will be $11,580,000;B. The gift tax annual exclusion will remain $15,000; andC. The g… Read More
2019-10-27 17:09
Employing a family member can have tax and personal benefits. In regard to tax issues, the IRS recently issued a Fact Sheet summarizing some of these.I have prepared a summary of the Fact Sh… Read More
2019-09-15 20:09
I previously wrote about passport revocation or denial to those with significant unpaid federal tax liabilities – see, for example, the post here. Last month, an IRS News Release provi… Read More
2019-05-27 15:57
Alva and Alberta Pilliod recently were awarded $2 billion in punitive damages from Monsanto, related to claims of cancer from using Roundup weed killer. Unfortunately, the big winners here a… Read More
2019-04-12 21:00
Two concepts that you don’t often see together!While only of direct interest to a few taxpayers, a Revenue Procedure addressing draft picks and player contracts issued this week does m… Read More
2019-03-10 00:33
We all know that come 2025 the aggregate transfers covered by the unified credit for estate and gift taxes will revert to pre-Trump levels (subject to adjustments for inflation), thus ensnar… Read More

Share the post

RUBIN ON TAX

×

Subscribe to Rubin On Tax

Get updates delivered right to your inbox!

Thank you for your subscription

×