LAW LIBRARY > Taxes

S Corporation Salary
S Corporation Salary Recently, the IRS successfully challenged a common tax strategy that is often used by owners of S corporations. (more)

2010 Tax Relief Act
As most people are aware, President Obama recently signed into law the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the “2010 Tax Relief Act”), extending, for two years, the so-called Bush Tax Cuts. (more)

Using IRAs for Charitable Gifting
Changes to the taxation of Individual Retirement Accounts provide some income tax planning opportunities. (more)

Nonqualified Deferred Compensation
Deferred compensation arrangements have been used by businesses to allow its employees and/or owners to defer the taxable income payable on account of their wages or other compensation. (more)

Deferring Capital Gains with a Like-Kind Exchange
Recently, a client consulted with our firm to represent him in the sale of his commercial rental property. Considering the property's appreciation and the tax depreciation that the client had taken over the years, the sale of the real estate was going to (more)

Charitable Split Dollar
Recently, there has been some publicity of a type of charitable gift, called charitable split dollar, that generated a significant income and estate tax deductions and resulted, in essence, with a deduction for insurance premiums. (more)