If you have multiple Individual Retirement Accounts, how do you interpret the one-rollover-per-year rule? Can you rollover each IRA once per year or just choose one annually for a rollover? The Tax Court recently ruled.
New York does not currently impose a gift tax, but this may change on March 31, 2014. A proposed revision to New York's tax laws would require taxable gifts made by New York residents after this date to be included as part of the gross estate.
House Bill 733 is referred to as the Second Amendment Protection Act. If passed into law, Florida firearms owners would still be accountable for violations of federal gun law, however, state and local officials will not enforce federal consequences of these violations.
Rumors were heard in Las Vegas at the popular SHOT Show in mid-January that the ATF may delay gun trust regulation changes for another year or two.
Although these are just a few of the many Tennessee gun bills under review right now, our Tennessee gun trust attorneys provide a brief breakdown of each bill and what firearms owners may expect in the year ahead: