Jason T. Young

Tax Notes has published an article discussing new IRS Publication 551, which explains the basis value to be assigned to individual assets.  IRS Publication 551 "explains to taxpayers how to determine and use basis to calcu... Read More

The Trust Advisor published an article titled "DOL Begins Crackdown on 401k Providers for Fee Bundling Abuses" by Scott Martin.  In his article, Martin describes the Department of Labor's new rules as an inevitable response to fee bundling practic... Read More

Planned Giving Design Center published an article titled "Bill Would Enhance Charitable Deductions for Ordinary Income Property" by Marc Hoffman.  In his article, Hoffman indicates that the proposed legislation would "increase the limitation ... Read More

The Wall Street Journal published an article titled "Federal Estate Taxes and Step-Up-In-Basis Rules" by Tom Herman.  In his article, Herman discusses the ruler for determining the basis value allocated to inherited assets.&nbs... Read More

The Wealth, Trusts & Estates Prof Blog has posted the article "Trial & Heirs, Protect Your Family Fortune!" by Gerry Beyer.  In his article Beyer describes an upcoming PBS special on legacy estate planning.  The special, hosted by Dan... Read More

Consumer Affairs has posted the article "Gay Marriage Highlights Inequities in Tax Laws" by James R. Hood.  Hood discusses the impact of New York's Marriage Equality Act on the tax liability of same-sex spouses in the state.  H... Read More

Forbes has posted an article by Janet Novack titled "Higher Taxes and Epic Tax Fight Are On The Horizon."  In her article Novack highlights that despite the passage of the Budget Control Act of 2011 there are a number of significant tax... Read More

The New York State Bar sponsored a resolution calling for legal education reforms which recently received approval from the American Bar Association during the ABA's annual meeting in Toronto.  The resolution encourages en... Read More

The Huffington Post has published an article titled "American Millionaires: 1,400 paid no U.S. Income Tax in 2009" by Alexander Eichler.  In his article Eichler discusses IRS Publication 1304, which is a compilation of statistics from 2009's indiv... Read More

Insurance News Net has published an article by Bill Singer titled "The Lawyer, the Stockbroker, the Ex-Wife, and the Widow."  In his article Singer discusses a FINRA arbitration claim between the estate of Newman Trowbridge, Capital One Investment... Read More

Tax Notes has published an article titled "DOJ Announces Guilty Plea of New Jersey Doctor for Failing to File FBARS."  The article summarizes the guilty plea entered into by New Jersey doctor Michael Reiss.  From 2000 - 2010 Reiss was... Read More

Forbes has posted an article by Deborah L. Jacobs titled "Smart Moves for Battered IRAs."  In her article, Jacobs points out that the stock markets dive in reaction to the U.S. debt deal creates an opportunity to make Roth conversions at... Read More

Tax Law Round Up has published an article by Steve Schneider titled "IRS Reminds Taxpayers of Aug. 31 Deadline for FBAR Voluntary Disclosure."  In his article, Schneider discusses the current penalty framework in the voluntary disclosure program, ... Read More

Tax Notes has published an article by Nancy B Firestone titled "Court of Federal Claims Denies Untimely Estate Tax Refund Claim."  Firestone's article publishes the text of the recently decided Court of Federal Claims case Boensel v. United States... Read More

In the case of Estate of Anne Y Petter et al. v. Commissioner, the Ninth Circuit Court of Appeals enabled tax payers to more easily value gifts to fit within the taxpayers yearly gift tax exemption.   In Estate of Petter,... Read More

Tax Notes has published an article titled "Comments Requested on Regs that Apply Grantor Trust Rules to Nonexempt Employees Trusts." Pursuant to the Paperwork Reduction Act of 1995, the IRS has requested public comment on proposed regulation REG-2... Read More

Tax Notes has published an article titled "IRS Publishes 2010, 2011 Interest Rates for Computing Special Use Value of Farm Property." These interest rates are a necessary part of the computation made under an estate's § 2032A election, where ... Read More

Tax Notes has published an article titled "IRS Rules on Income, Estate, Gift Tax Consequences of Judicial Trust Modification."  The article discusses LTR 201132017, a private letter ruling where-in the IRS discussed the tax implications of a judic... Read More

The Wills, Trusts & Estates Prof Blog has published an article by Gerry W. Beyer titled "New Hampshire Supreme Court Rules that Discretionary Trust Interest is Expectancy, Not Subject to Equitable Distribution on Divorce." In his article Beyer disc... Read More

Forbes has published an article by Deborah L. Jacobs titled "Stock Market Dive Yields Gift Tax Bargains."  In her article Jacob's points out that the current stock market crisis presents an opportunity to make bargain sized gifts without triggerin... Read More