This alert is an update on the development of California State Assembly Bill 2640 (AB 2640) relating to Section 1031 Exchanges. Section 1031 Exchanges allow taxpayers to defer recognition of gain or loss from exchanges of like-kind property. Additionally, AB 2640 also proposed to repeal the non-recognition of gain or loss resulting from involuntary conversions, seller [...]

On March 18 2010, the President signed legislation (H.R. 2847) into law that creates temporary tax incentives for hiring unemployed workers, retaining workers, extends the increased small business expensing limits under Section 179, and increases Foreign Account Compliance. Click here to learn more.

On March 23 2010, the President signed The Patient Protection and Affordable Care Act (Act). The new law is slated to raise taxes on individuals, businesses, high cost group health plans, along with new fees on selected health care industries by nearly $400 billion over the next 10 years. Click here to learn more

In this issue, guest author David Orr, Senior VP and Regional Manager with Manufacturers Bank addresses ways of finding and keeping your financing sources in a difficult economy.

During the February 19 2010 meeting, California State Assembly made a proposal in Assembly Bill 2640 (AB 2640). This tax alert highlights the proposed provisions. Click here to learn more

As a result of changes made by the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA), the Estate tax and the Generation Skipping Transfer (GST) tax was repealed for estates of decedents who pass away in 2010. EGTRRA also provided for a modified carryover basis regime in 2010. Click here to learn more

As a result of changes made by the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA), the Estate tax and the Generation Skipping Transfer (GST) tax was repealed for estates of decedents who pass away in 2010. EGTRRA also provided for a modified carryover basis regime in 2010. Click here to learn more

In this issue, Don Snyder addresses ways of minimizing fraud in the workplace.

In this issue, four prominent food distribution executives discuss cost cutting measures in their business.

Every so often, a policy shift in retirement plan compliance, fiduciary oversight or financial reporting emerges that has the potential to reshape retirement planning — the latest comes in the form of an executive order. President Trump's recent executive order, Democratizing Access to Alternative Assets for 401(k) Investors, directs the Department of Labor to ex [...]