Wisconsin Tomorrow Small Business Recovery Grant
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The Wisconsin Department of Revenue opened the doors for applications to the Wisconsin Tomorrow Small Business Recovery Grant this week with the deadline to apply set for June 7th.
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What Biden’s Tax Changes Might Mean for You
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This past Wednesday, President Biden laid out the tax changes he is proposing to fund his most recent spending package, which he has named “The American Family Plan”.
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Family Investment Companies Are Fantastic!
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As a practicing lawyer for over 30 years, I am well aware of the many benefits associated with limited liability companies (LLCs). But the secret is out and LLCs are becoming the entity of choice for many new businesses.
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Proposed Legislation
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This past Monday a group of Senate Democrats proposed legislation to eliminate the so-called step-up in basis at death for capital assets such as stocks, real estate and businesses, and instead to tax unrealized capital gains at death...
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Preparing for Higher Interest Rates
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President Biden and many of his Democratic colleagues in Congress have pledged to significantly reduce the amount that can be transferred to family and friends tax free by gift or inheritance. Low interest rates create an excellent opportunity to lessen, or even eliminate the taxes imposed on...
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Your Death Could Be More Taxing
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Yesterday Attorney Maureen O'Leary appeared on The Market Commentator podcast. Maureen joined her former law partner Andy Willms to talk about Democratic proposals to raise the estate and gift tax rate.
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414 N. Main St., Thiensville, WI 53092
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