Personal Tax and Estate Planning Newsletter | April 2023
Personal Tax and Estate Planning Newsletter
April 2023
In March 2023, the Federal Administration unveiled a budget proposal for fiscal 2024 that would reduce the federal deficit by nearly $3 trillion over 10 years. High-net-worth individuals continue to be included in these proposals with a focus on raising taxes. We cover the proposed budgets in our Personal Tax April 2023 newsletter along with stock loss, record retention, and an estate planning focus including grantor trusts.
Individual, Estate and Gift Taxes under the 2024 Federal Budget
Other proposed budget tax provisions include:
Federal Administration Releases 2024 Budget and Revenue Proposal
Corporate and Business Tax Provisions under the 2024 Federal Budget
Partnership Tax Provisions under the 2024 Federal Budget
International Tax Proposals under the 2024 Federal Budget
Important Record Retention Guidelines: What to Keep, How Long to Keep, and Where to Keep Them
Assets of Irrevocable Grantor Trust Denied by the IRS
The Risks of Moving a Trust to Another State Jurisdiction
View the entire April 2023 Personal Tax and Estate Planning newsletter.