Current Trends in LLC and Partnership Tax Planning: Leading Lawyers on Understanding the Implications of Recent Legislation and Developing Effective Client Strategies (Inside the Minds)

Understanding Recent Developments in Tax Law provides an authoritative, insider's perspective on developing tax strategies in the wake of American Taxpayer Relief Act of 2012 (ATRA 2012) . Featuring experienced partners from law firms across the nation, these experts analyze trends in rate changes for individuals and corporations and identify potential problems in existing tax plans. These top lawyers offer advice on helping clients gain advantages through gifts, keeping abreast of jurisdictional laws, and understanding the penalty differences among businesses, including S corporations and partnerships. From maintaining flexibility in tax strategies to monitoring the shifts in exemption amounts, these experts stress the need to remain mindful of a client s goals while planning and discuss the effects of recent legislation on taxpayers of all incomes. The different niches represented and the breadth of perspectives presented enable readers to get inside some of the great legal minds of today, as these experienced lawyers offer up their thoughts on the keys to success within this evolving legal field. Inside the Minds provides readers with proven business and legal intelligence from leading C-Level executives and lawyers. Each chapter offers thought leadership and expert analysis on an industry, profession, or topic, providing a future-oriented perspective and proven strategies for success. Each author has been selected based on their experience and C-Level standing within the business and legal communities. Chapters Include: 1. Mark F. Sommer, Member, Frost Brown Todd LLC - "What Has Been Going on in SALT?" 2. Kirk Van Brunt, Partner, Locke Lord LLP- "The American Taxpayer Relief Act's Impact on Upper-income Taxpayers" 3. Steven B. Gorin, Partner, Thompson Coburn LLP - "Changing Tax Rules Present Planning Challenges" 4. Paul M. Spizzirri, Partner, Gordon & Rees LLP - "Unemploying America" 5. Jaye A. Calhoun and Katherine Conklin, Members, McGlinchey Stafford PLLC - "Top Tax-Related Concerns for Business Entities" Appendix: Quill Corporation, Petitioner v. North Dakota, by and through its Tax Commissioner, Heidi Heitkamp