Our Blog Postings

Whether it is because of or in spite of COVID-19, we are seeing an uptick in both new and existing clients wanting to create or update their estate planning. Some, much like being stuck home for a hurricane (but much longer), are looking to take care of something that can be taken care of while still self-isolating. Others, whether health care and front-line workers, or the rest of us who realize nothing is certain, have decided that it is time to take care of what they have been putting off.

In IR-2020-64 released by the IRS April 2, 2020, the Service warned taxpayers about scam phone calls and phishing emails relating to the Coronavirus economic impact payments set to release in the coming weeks.

This is not our typical posting, but felt it was important.

On January 1, 2020, Florida’s county courts will see their civil jurisdiction jump from $15,000 to $30,000. This is the first increase since 1992. This amount increases to $50,000 in 2023.

On November 18, 2019, I participated in an update and discussion from the TEGE Exempt Organizations Council. Ahead of this update, Margaret Von Lienen, Director of IRS Exempt Organizations, provided statistics regarding the 2019 fiscal year.

Recently the Elder Law Listserv has had a series of comments regarding documentary stamps on transfers between spouses. This article briefly covers this topic as well as provides an update on current law.

Congress enacted the Taxpayer First Act of 2019 (“TFA”). This Act became effective July 1, 2019, although some provisions have a later effective date. This Act is almost completely focused on IRS procedures and operations. It has been described as the largest change to IRS structure and procedure in 20 years.