On Friday, June 26, 2015, the Supreme Court ruled 5-4 that same-sex couples have the right to marry in all 50 states. The Court’s historic decision in Obergefell v. Hodges held that states cannot deny applications for marriage licenses for same-sex couples, and states...
Month: June 2015
Will Donor Advised Funds be Limited in Future?
In late February 2014, Representative Dave Camp (R-Mich.) proposed tax reform legislation including a requirement that all donations to a Donor Advised Fund be paid out within five years of their contribution, or 20 percent a year. There are also efforts to cap all...
Tax-Exempt Status for First Church of Cannabis
Really? On the one hand, marijuana remains classified at a Schedule 1 Drug under the federal Controlled Substances Act. At the same time, the IRS has granted tax-exempt status to a church that embraces pot as its sacrament.
Merger Activity Does not Mean the Economy is Booming
According to this New York Times article, the recent surge in M&A activity does not mean that the economy is doing great. Rather, it may indicate that trouble lies ahead for an overheated stock market.
Roth IRA’s May or May not Work in Paying for College
Watch out for this trap for the unwary in using a Roth IRA to pay for college.
Wayne Zell Speaks on Asset Protection Planning
On Saturday, June 13, 2015, Wayne M. Zell spoke to a packed house at the Cassaday & Company annual Retirement Symposium on Protecting Your Assets from Creditors and Predators. Podcasts of the presentation will be coming soon!
More on Phantom Stock Plans
Here is a brief summary of the trending topic of phantom stock plans.
Tips on Raising Money for your Business
Looking for capital for your new business? Check out this article on Forbes.
Will the Estate Tax be Repealed?
One law professor says that Estate Tax repeal is not possible until after the 2016 elections. I agree.
