Resource Center

Health Savings Accounts: Congress and the IRS Team Up to Throw Us a Curve Spring training is still underway and Opening Day is two weeks away, but the first curveball of the 2018 employee benefits season has just been thrown. The dollar limits for contributions to Health Savings Accounts (“HSAs”) […]

The recent tax reform created changes relating to charitable giving for both individuals and entities. As a non-profit what does that mean for you? The below summary will help you understand how the tax law changes relate to charitable giving and how you can prepare.  Individual Income Tax The tax […]

IRS Again Extends Deadline for Distributing 1095-B and 1095-C Forms and Continues Good Faith Standard in Completing Forms If the IRS releases new guidance so late in December that nearly everyone has already left for Christmas vacation, is the effect the same as a tree falling in a vacant forest?  […]

This ALERT is relevant to you if: • Your company is a partnership or limited liability company (LLC) taxed as a partnership; or • You own an interest in a partnership or limited liability company taxed as a partnership. You may download a copy of the below alert, in PDF, […]

Preparing for a Healthcare Transaction Sale – Member, Laura D. Fent As you prepare for a Healthcare Transaction Sale, there are many things to keep in mind to ensure a smooth transaction for both parties. Sales Process The sales process starts with negotiating a letter of intent in which the […]

Although the regulatory environment surrounding the Affordable Care Act continues to remain mostly silent this year – providing all of us a welcome respite from the chaotic whirlwind of activity over the last few years – the IRS did announce a number of important changes that will affect all employers […]

One of the lesser known, but critically significant, changes ushered in by the Affordable Care Act (“ACA”) was a general prohibition on employers reimbursing the cost of their employees’ individual health insurance policies.  The failure to adhere to this rule triggers substantial excise taxes that can break the back of […]

“The biggest loophole in the gift and estate tax system is the uncertainty in value of the family controlled business entity” A large percentage of high net worth estates consist of closely-held business entities. Many of these business entities are operating businesses, while some are holding companies for investment assets. […]

It has long been a practice of the federal government to dump bad news on the public on Friday afternoons.  So when we received an email on the afternoon of Friday, November 18, 2016, that the IRS was announcing changes to the Affordable Care Act (“ACA”) health care reporting requirements, […]

“It’s not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change” – Charles Darwin Formula estate tax clauses in trusts have long been a staple planning strategy to protect families from the estate tax. With […]