by Joel Roettger | May 5, 2017 | Asset Protection, Estate Planning, Retirement Assets, Tax
The IRS has announced the maximum amount an individual can contribute to a Health Savings Account (HSA) in 2018. For individuals with self-only coverage, the HSA limit will be $3,450. For individuals with with family coverage, the limit will be $6,900. In order to...
by Joel Roettger | May 3, 2017 | Estate Planning, Trusts
Grantor executes a charitable remainder unitrust (CRUT). CRUTs are normally subject to certain private foundation rules. However, Grantor never claims an income tax or gift tax charitable deduction with respect to the trust. Is the CRUT still subject to the private...
by Joel Roettger | Apr 12, 2017 | Tax
The IRS is now using four private collection agencies to assist in collecting overdue taxes from delinquent taxpayers. The agencies are: CBE Group of Cedar Falls, Iowa; Conserve of Fairport, New York; Performant of Livermore, California; and Pioneer of Horseheads, New...
