Tax Planning For Foreigners Purchasing Property in Florida
November 30, 2015
Tax
International Visitor? Minimize Liability for US Transfer Taxes on Worldwide Assets
November 30, 2015
Tax
2015 Tax Extenders Thanksgiving Treat?
November 25, 2015
Legislation
Once again we approach the end of a year following the so-called “Tax Extenders” legislation, which addresses federal tax incentives that expire on December 31 of each year, unless renewed by Congress. The2014 bill was enacted with retroactive effect in mid-December 2014 and expired on December 31, 2014. Will Congress…
Applicable Federal Rates for December 2015
November 23, 2015
Applicable Federal Rates
The Internal Revenue Code prescribes minimum imputed interest rates and time-value-of-money factors applicable to certain loan transactions and estate planning techniques. These rates are tied formulaically to market interest rates. The Internal Revenue Service updates these rates monthly. These are commonly applicable rates in effect for December 2015: Short Term AFR…