The IRS has backtracked on its guidance from 2012, by exempting certain self-rental income from the new 3.8% Medicare surtax. The new guidance applies common sense by aligning the tax treatment of self-rental arrangements with the passive loss rules under Section 469. Taxpayers should be able to avoid the surtax…
A recent Tax Court case, Pool v. Commissioner, is the first court opinion in many years describing the limits of a popular capital gain tax planning technique used by real estate investors and developers. Some real estate project legal structures enable investors to recognize a mix of long-term capital gain and…
These materials were presented to the FICPA’s Gulf Coast chapter on January 7, 2014: DOMA and Estate Planning: A Florida Perspective Presented by Douglas J. Elmore – Williams Parker PPT Outline Trusts in an Era of Portability: The Not-so-Simple Analysis Presented by Jeffrey T. Troiano – Williams Parker PPT Outline Medicare Surtax Planning For…
The U.S. Supreme Court’s recent historic decision in United States v. Windsor will have far-reaching impacts on same-sex married persons in Florida and throughout the United States. The decision—which held that the federal government cannot discriminate against same-sex married persons in the administration of federal laws—affects hundreds of federal laws…
Williams Parker regularly helps the area’s most innovative companies achieve their global objectives. Whether expanding a back-office support center in Mumbai, establishing a joint venture manufacturing operation in Mexico, or securing a trademark in France, our clients rely on us to help them address their business challenges wherever their business…