To say “thank you” to our blog community for being such valuable members of the American Academy community, we’ve decided to give away a few of our most popular training sessions from last year so that you can stay on top of the “legal/technical” issues that power your practice. The first session is a two-part training focused on a topic that you must be able to confidently and competently handle right now in your practice. As more and more people pass down IRAs to their loved ones, clients … [Read more...] about Christmas in June
Few expected that American billionaires could die without federal taxation of their estates. However, that’s the situation we have in 2010. George Steinbrenner and other billionaires have died this year and, under current law, their estates owe no federal estate tax. There have been several pieces of legislation which would reinstate the estate tax. Some would do so retroactively. But, would retroactive legislation pass constitutional muster? In Untermyer v. Anderson, 276 U.S. 440 (1928), the … [Read more...] about Can Congress Reinstate the Estate Tax Retroactively?