Insightsstream of knowledge
Join us on Wednesday, June 12, 2019 for the annual New York Construction Awards, presented by Anchin, in cooperation with the New York Building Congress (NYBC), American Council of Engineering Companies of New York (ACEC-NY), the Subcontractors Trade Association (STA) and Willis Towers Watson. Designed to highlight rapidly growing and innovative Construction, Design (Architecture & Engineering) and Development industry leaders and companies, this event will honor a select group of outstanding companies and will provide an incredible opportunity to network with other industry colleagues and professionals. Read More
Presented by Anchin, New York Building Congress and Willis Towers Watson. We hope you can join us for a morning of informative discussion, networking, and breakfast! Read More
A traditional trust can sometimes create a conflict between the lifetime and remainder beneficiaries. For example, investment strategies that provide growth that benefits remainder beneficiaries can leave lifetime beneficiaries with little or no annual payouts. This makes it more difficult for a person’s estate plan to achieve his or her objectives and places the trustee in a difficult position. A total return unitrust (TRU) may offer a solution. Read More
- The 2018 Gift Tax Return Deadline Is Almost Here3/20/2019
Large gifts made last year, such as ones made to children, grandchildren or other heirs, require filing a gift tax under certain circumstances. It is important to determine whether filing a 2018 gift tax return is required – or whether filing one would be beneficial even if it isn’t required.
- Family Financial Fitness3/20/2019
Sometimes a change in circumstances forces a change in responsibilities at a time when all parties are not necessarily ready. In instances when the family member who typically takes care of the finances falls ill and is unable to continue, a spouse or child may need to step in.
- Guide to Maximizing Social Security Benefits3/1/2019
Anchin, Block & Anchin LLP is pleased to present this compilation of strategies, “Guide to Maximizing Social Security Benefits”. Social Security benefits play an important role for retiring baby boomers. Different Social Security strategies can help to boost your monthly benefit if planned in advance. In order to optimize the use of these strategies, you need to know the basics about Social Security benefits. The strategies in this booklet explain various alternatives that can maximize Social Security benefits for your family.
- A SLAT Offers Estate Planning Benefits and Acts as a Financial Backup Plan2/28/2019
Some of the most effective estate planning strategies involve the use of irrevocable trusts, but it can be uncomfortable for someone to place assets outside of his or her control. What happens if a grantor’s financial fortunes take a turn for the worse after a large portion of wealth has been irrevocably transferred?
- The Financial Considerations of Marrying Later in Life2/28/2019
While there are benefits to later-in-life marriages, there are also financial considerations to keep in mind, as each spouse is more likely to enter into the marriage with their own financial assets and responsibilities. As a lot of planning goes into the “big day”, there are a few details that should not be overlooked.
- Domestic Employee Payroll: What You Need for Tax Time 2/28/2019
When does an individual qualify as a domestic employee? This is an issue that is often misunderstood, and can potentially result in a scenario whereby a household is actually an employer without even realizing it. Many families believe that only full-time employees count for tax purposes. With the new year underway, households should consider consulting with their tax and financial advisors to make sure they are properly tracking, paying for and insuring their household help.
- Qualified Small Business Stock: A Gem for Investors and a Marketing Tool for Entrepreneurs2/27/2019
In this day and age, investors (Venture Capitalists, Private Equity, and Angel Investors) are concerned about maximizing their internal rate of return (IRR). Maximization of this important metric cannot be accomplished without minimizing the potential tax leakage of an investment. The reduction of the corporate tax rate to 21% in conjunction with the tax benefits provided by Internal Revenue Code (IRC) §1202 can be used to achieve this goal.
- A US tax break Israeli startups can utilize2/19/2019
Many Israeli companies with connections to the United States have benefited extensively from the research and development tax credit, which has recently become significantly more accessible.
- Anchin's Paul Gevertzman on Amazon Cancelling Plans for HQ2 in New York2/14/2019
Bloomberg Radio asked Anchin's Paul Gevertzman to comment on Amazon's surprising retreat on its New York City headquarters.
- Crisis Communications and Data Breaches: How to Get It Right2/4/2019
Makovsky's Malaika Nicholas sat down with John Curran, CEO and Co-CISO of Redpoint Cybersecurity, to better understand the causes behind data breaches, how and why businesses should prioritize cybersecurity prevention and readiness, and how to effectively respond to, and communicate about, a breach.