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>> ESTATE TAX Latest News

23 HOURS AGO - Business Insider

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Wylys' Lawyer Warns SEC's $729 Million Claim Would Bankrupt Them

By Joseph AxNEW YORK (Reuters) - A lawyer for Texas tycoon Sam Wyly and the estate of his late brother Charles told a federal judge on Friday that a U.S. securities regulator's demand for more than $729 million in damages would "bankrupt" the one-time billionaire.Harry Susman told U.S. District Judge Shira Scheindlin in Manhattan the U.S. Securities and Exchange Commission's ...

Tags: Wylys' Lawyer Warns SEC's $729 Million Claim Would Bankrupt Them,  Estate Tax Latest News

AUG 22, 2014 - TheStreet

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10 Best Cars for City Folk

PORTLAND, Ore. (TheStreet) — Even city dwellers sometimes need to own a car. You don't need to insure a bus or subway pass, you don't have to pay thousands of dollars for a car-sharing service and you don't need a ride to amenities within walking distance — and that's all wonderful. But it you're the poor sap who could only ...

Tags: 10 Best Cars for City Folk,  Estate Tax Latest News

AUG 22, 2014 - Washington Business Journal

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GUEST COLUMN: New York’s estate tax ‘cliff’

The New York estate tax regime was substantially modified under the budget legislation effective April 1, 2014 (the budget bill). Under prior law, a New York resident decedent was entitled to an estate tax exclusion amount of $1 million, which meant that if a decedent had less than that amount of assets at the time of his death, his estate ...

Tags: GUEST COLUMN: New York’s estate tax ‘cliff’,  Estate Tax Latest News

AUG 21, 2014 - Washington Business Journal

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Fox Rothschild adds tax/wealth planning partner

Linda Rhone Enion has joined Fox Rothschild LLP as a partner in its taxation and wealth planning department. She is based in the firm’s Pittsburgh office. She previously was senior counsel at Lovett Bookman Harmon Marks LLP. Enion specializes in estate planning and estate and trust administration matters. William Stang, managing partner of Fox Rothschild’s Pittsburgh office, said Enion is ...

Tags: Fox Rothschild adds tax/wealth planning partner,  Estate Tax Latest News

AUG 20, 2014 - Business Insider

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Fed Reveals What Could Bring Earlier Rate Hikes (DIA, SPX, SPY, QQQ, TLT, IWM)

If the Fed keeps moving towards its goal, interest rates could rise sooner than expected. This is the message from the minutes from the Fed's July 29-30 FOMC meeting, which were just released.  Notably, the some members of the FOMC said: "With respect to monetary policy over the medium run, participants generally agreed that labor market conditions and inflation had ...

Tags: Fed Reveals What Could Bring Earlier Rate Hikes (DIA, SPX, SPY, QQQ, TLT, IWM),  Estate Tax Latest News