Insights

Blog

D.C. Council Eliminates Most QHTC Tax Incentives

The District of Columbia’s Fiscal Year 2021 Budget Support Emergency Act of 2020 (A23-0404),... more
August 31, 2020
Blog

D.C. Updates QHTC Regulations

Effective May 1, 2020, the District of Columbia amended its regulations pertaining to Qualified... more
May 18, 2020
Blog

States Continue to Adopt Federal SALT Limitation Workaround

In the past year, several states have created a pass-through entity tax (PET) to circumvent the... more
February 7, 2020
Blog

Refundable Tax Credit For D.C. Retail Businesses

Businesses in the District of Columbia should not overlook the Small Retailer Property Tax Relief... more
February 4, 2020
Blog

Can I Give a Tax-Free Gift to My Non-U.S. Citizen Spouse?

U.S. citizens married to non-U.S. citizens often want to know how much they can give to their... more
January 13, 2020
Blog

How Do I Value Collectible Assets for Estate Tax Purposes?

Collections containing paintings, coins, jewelry, sculptures, antiques, books, vases, silverware... more
October 22, 2019
Blog

States Begin Applying Wayfair Decision to Income Taxes

Many states have been slow to change their income tax nexus rules to comply with the more... more
October 14, 2019
Blog

Estate Tax vs. Inheritance Tax: What’s the Difference?

Many taxpayers understand that when they die, assets belonging to their estate could be subject to... more
September 23, 2019
Blog

When Your Estate Includes an IRA

Several times each year, an executor will ask us, “What do I do with the IRA in the estate?” ... more
September 18, 2019
Blog

Should I Gift My House to My Children?

Parents often desire to pass their primary residence or vacation property to their children for... more
September 17, 2019
Blog

What Happens When a QPRT Ends?

Homeowners who want to minimize their future estate taxes and transfer their home to their children... more
September 16, 2019