by rjmintz | Mar 1, 2013 | blog
The Affordable Care Act is slowly being implemented but the issue of litigation and tort reform has not been solved by this legislation. While there’s not much debate among health care providers that the direct and indirect costs of litigation and the threat of...
by rjmintz | Feb 20, 2013 | blog
The new year tax hikes hit some trusts with substantial tax increases that must be accounted for in your planning. The top marginal rate increases from 35% to 39.6%. Capital gains taxes increase from 15% to 20%. This applies to individuals who make over $400,000...
by rjmintz | Feb 5, 2013 | blog
As of January 1, 2013, the American Taxpayer Relief Act permanently set the estate and gift tax exemption at $5 million (and with inflation increases to $5.25 million). The tax rate for anything above that is 40 percent. As an additional benefit, for deaths that have...
by rjmintz | Jan 31, 2013 | blog
A Family Limited Partnership often serves as a valuable component of sophisticated asset protection and estate plans. Estate of Shurtz vs. Commissioner (T.C. Memo 2010-21) illustrates the key factors that the courts have looked at when taxpayers have used Family...
by rjmintz | Jan 30, 2013 | blog
In a scramble to raise health insurance rates before the price restrictions of the Affordable Care Act health insurance companies are raising premiums by double digits for some customers. Aetna has proposed a 22 percent raise and Blue Shield a 26 percent raise,...
by rjmintz | Jan 24, 2013 | blog
Switzerland’s oldest bank, Wegelin & Company, did not get off to a good start in 2013. Representatives from the bank admitted in U.S. District Court to helping U.S customers avoid taxes by hiding over $1.2 billion in (supposedly) secret Swiss accounts. In...
