Tax and planning - 2024

The IRS has issued Bulletin 2023-48, announcing its annual inflation adjustments for tax year 2024. We have posted an updated Tax calculator...

  • Lion Cub deeds - myth vs. reality
    The Lion Cub deed is an elusive creature. It is fleetingly mentioned on the web sites of some Michigan estate planning and real estate attor...
  • The lion cub, revisited
    We recently posted our commentary on the use of a so-called “lion cub” deed, noting that two or more people who are granted ownership of re...
  • More tax from online sales
    From Bloomberg: The IRS is coming for your Venmo income.   The IRS is reported to have imposed a new requirement for Form 1099-K, on which a...