Video: California and Federal Tax and Financial Considerations in Light of COVID-19
5 Ways to maximize your Cash Flow NOW: Relevant Strategies under the Coronavirus Aid, Relief, and Economic Security Act, a.k.a. the “CARES Act”
1) Stimulus Checks = Money Now Individuals making up to $75,000 a year would receive checks for $1,200, with an additional $500 per child. The payments would progressively decrease for individuals making more than $75,000, with an income cap of $99,000. The catch: in most cases, you must file your...
An FAQ for Surviving the Financial and Tax Implications of COVID -19
As our country and clients continue to struggle with the changing landscape created by the COVID-19 epidemic, Moskowitz LLP will continue to keep our clients apprised of changes imposed on tax and financial planning by the virus. Below, we've put together an FAQ of questions and answers which our clients...
Financial Crisis – Legal Resources for COVID -19
Moskowitz LLP is a full-service law firm whose members have practiced in the San Francisco Bay Area for over 30 years. During this time, the health and safety of you, your loved ones, and the community are first and foremost. Given we work with financially distressed individuals and businesses as...
Estate Planning Benefits of Conservation Easements
Previous Posts in this Series Conservation Easements Income Tax Benefits of Donating Conservation Easements Sales and Like Kind Exchanges of Conservation Easements One of the biggest advantages of donating a conservation easement is that it can significantly reduce your estate tax burden and keep land in the family. Reducing estate...
Sales and Like Kind Exchanges of Conservation Easements
Previous Posts in this Series Conservation Easements Income Tax Benefits of Donating Conservation Easements In our previous posts on conservation easements, we discussed how a real property owner can donate a conservation easement to their land and retain rights to the rest of their property, all while reducing their tax...
Income Tax Benefits of Donating Conservation Easements
Previous Posts in this Series Conservation Easements An owner of a significant piece of land or a building can give up one or more of their rights in that property for conservation purposes, while still retaining the rest of their rights. Giving up a right in property (land or buildings)...
Conservation Easements
The protagonist of the film The Descendants is the trustee of a family trust that since the 1860s has owned a 25,000-acre parcel of pristine Hawai’ian land on Kauai Island. The land is the last remaining asset of a family legacy, the proceeds of which have been distributed – and...
International Information Returns
There are extraordinarily high tax penalties for the late filing of certain international information returns. If you have assets overseas, you most likely have at least one international information return reporting requirement. Don’t ignore these filings or you could lose a large portion of your investment to tax penalties. Do...