by Jennifer Hill | Apr 8, 2025
Last week, the Department of Health and Human Services’ Office of the Inspector General (OIG) published the report Most Institutions That Received NIH Funding Did Not Fully Understand When They Must Report Monetary Donations (OEI-03-22-00570). The Report examines...
by Mallory Schowe | Apr 3, 2025
When it comes to estate and gift taxation, non-U.S. citizens face unique challenges based on their residence and domicile status. Understanding these concepts is crucial for effective estate planning and tax management. Determining Domicile for Estate and Gift Tax...
by Mallory Schowe | Mar 13, 2025
Income and losses generated within a trust must be reported, but the entity or person required to report such income or losses depends on what kind of trust it is. If a trust is a “grantor trust,” the grantor (i.e. the person who funded the trust) is responsible for...
by Mallory Schowe | Feb 13, 2025
Many individuals are honored when asked to serve on a philanthropic non-profit board of directors. Serving as a board member can be a rewarding experience, but it also comes with significant responsibilities. This article guides you through the essential steps and...
by Mallory Schowe | Jan 16, 2025
Navigating the tax landscape during estate administration is like solving a complex puzzle with each piece representing opportunity and risk. One challenge is determining where key expenses can be deducted – on the estate tax return (Form 706) and/or the...
