In the most recent data available, the number of high-income returns increased as a percentage of overall returns filed, even after adjusting for inflation, according to the IRS.
Advisors are expected to anticipate these changes and forecast the future.
Proper formation, funding and formalities of operating are vital for a plan to succeed.
The myth doesn't always live up to the reality.
Sixth Circuit affirms that plaintiffs lacked standing to challenge foreign reporting requirements.
The ILIT (or hybrid DAPT) may provide a hedge.
By actively following the evidence.