
Grantor Trust
What Is A Grantor Trust? According to the IRS, a grantor trust is one in which the grantor, i.e. the settlor establishing the... Read more


Net Investment Income Tax (NIIT)
GENERAL BACKGROUND Last week, we wrapped up our series on Entity Classification. If you have not read it yet, or would like to... Read more

Entity Classification Series: What Is A Change In Classification?
GENERAL BACKGROUND Last week we discussed what exactly an initial election is under the Check the Box regulations. We barely touched on what... Read more

Entity Classification Series: What Is An Initial Classification Election?
GENERAL BACKGROUND As you have probably realized in this Entity Classification series, any question put to the reader in the weekly blog does... Read more

Entity Classification Series: Converting a Corporation to a Partnership
GENERAL BACKGROUND Following on from last week’s blog regarding the “Conversion of a Multi Member LLC to a Corporation”, it is probably an... Read more