The recently proposed federal tax legislation reduces our gift/estate/generation skipping transfer tax exemptions from the present $12.06 [...]
While the federal estate tax is currently now a problem only for the very wealthy, [...]
Among the biggest news to start out this year is the proposed tax plan by [...]
Our focus at Simmons & Schiavo, LLP is to assist our clients in passing on [...]
1031 exchanges offer tax savings when selling and buying investment properties. It encourages reinvestment in [...]
Investment properties are a great way to build wealth and accumulate assets for retirement. To [...]
Capital gains taxes are a major concern when selling a highly appreciated piece of real [...]
In our previous blog post, we covered taxes on selling primary residences. Converting the use [...]
As the name implies, generation skipping taxes (GST) apply to gifts and inheritances to grandchildren, [...]
Everyone focuses on saving and maintaining wealth while we they are living, but often forget [...]