A power of attorney is a legal agreement that specifies a decision maker in the event of incapacitation. In other words, a power of attorney is someone trusted with making financial, legal, and medical decisions for someone who... Continue Reading
Commercial Real Estate Home prices have been on a steady climb from the depths of the housing crash, leaving many wondering if it is still a good time to invest in the residential real estate market. According to the National... Continue Reading
What Triggers An Audit? While you can’t fully protect your tax return from every examination, you should be mindful of some key tax issues when preparing your return. Of course, some things are simply obvious audit triggers... Continue Reading
Gift Tax Adequate Disclosure Related to Proposed Regulations While the proposed Code Section 2704 regulations are still in limbo, along with other regulations that may indirectly impact 2016 gift tax returns, it is recommended... Continue Reading
P.L. 2016, Ch. 57 (October 14, 2016) For New Jersey residents dying in calendar year 2017, the exemption amount from New Jersey Estate Tax which was previously $675,000, has been raised to $2 million per person. The estate tax... Continue Reading