Thursday, June 14, 2018

New Law Eases the Individual Alternative Minimum Tax

Unfortunately, the Tax Cuts and Jobs Act (TCJA) retains the individual Alternative Minimum Tax (AMT). But there's a silver lining: The AMT rules now reduce the odds that you'll owe the AMT for 2018 through 2025. Plus, even if you're still in the AMT zone, you'll probably owe less AMT than you did under the old […]

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New Law Gives Eligible Pass-Through Businesses a Special Tax Break

Federal income tax rates for C corporations have been reduced to a flat 21%, starting in 2018 under the Tax Cuts and Jobs Act (TCJA). But what about pass-through businesses? Calculating the QBI Deduction: It's All Relative To illustrate how the qualified business income (QBI) deduction works, let's suppose you and your spouse file a joint […]

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Thursday, May 17, 2018

Capital Gains Rates Before and After the New Tax Law

Are you confused about the federal income tax rates on capital gains and dividends under the Tax Cuts and Jobs Act (TCJA)? If so, you're not alone. Here's what you should know if you plan to sell long-term investments or expect to receive dividend payments from your investments. Old Rules Prior to the TCJA, individual taxpayers […]

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FAQs about Deducting Home Loan Interest under the New Tax Law

The Tax Cuts and Jobs Act (TCJA) changes the rules for deducting interest on home loans. Most homeowners will be unaffected because favorable grandfather provisions will keep the prior-law rules for home acquisition debt in place for them. Old Rules for Mortgage Interest Deductions Prior to the Tax Cuts and Jobs Act (TCJA), you could deduct […]

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Thursday, May 3, 2018

How Can the Deferred Sales Trust be Used to Fund Alternative Investments?

How Can the Deferred Sales Trust be Used to Fund Alternative Investments? Let’s take real estate, for example.  Frequently a DST is established as a bail-out or a Plan ‘B’ for a seller who is pursuing a 1031 exchange.  Industry statistics show that 20% to 30% of 1031 exchanges fail because a seller is unable […]

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The Use of Alternative Investments within the Deferred Sales Trust

By Greg Reese, Principal, Reef Point, LLC – Trustee for the Deferred Sales Trust The Deferred Sales Trust is designed so that the proceeds of the sale of a business, real property or highly appreciated collectables can achieve tax deferred status.  The original seller of the appreciated asset first sells the asset to the Trustee […]

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Thursday, April 19, 2018

Estate Planning – Broaching a Sensitive Topic

You may be uncomfortable at the thought of discussing your estate with your loved ones. But failing to do so could result in disagreements and conflicts when the details are revealed after your death.  Discussing your plans in advance gives you a chance to explain: The distribution of your estate. Why you made certain decisions. You […]

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