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[newarkrbp]

The following is a summary of some of the more important tax developments that have occurred during the first half of 2017 that may affect you, your family, your investments, and your livelihood.

Mid-year tax development update from Genova Burns LLC.

[newarkrbp]

The following is a summary of some of the more important tax developments that have occurred during the third quarter of 2016 that may affect you, your family, your investments, and your livelihood. Please call us for more information about any of these developments and what steps you should implement to take advantage of favorable developments and to minimize the impact of those that are unfavorable

New Jersey Repeals Estate Tax but Keeps Inheritance Tax

IRS Proposes Elimination of Valuation Discounts in Family Business Transfers 

Governor Christie Threatens to End Favorable Reciprocal Income Tax Agreement with Pennsylvania 

Estate Allowed to Deduct Ponzi Scheme Losses by LLC.

IRA Payable to Survivor's Trust Can Be Rolled-Over by Surviving Spouse 

New Self-Certification Procedure for Taxpayers Who Miss 60-day IRA Rollover Deadline

New Guidance for Taxpayers in the "Sharing Economy"

Final Regulations Encourage Partial Annuity Option for Pension Plan Payouts.

Employee Business Travel: Simplified Per-Diem Increase

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