It provides all the reference materials and implementation tools you and your staff requires to identify, market, and implement the best course of action for your client and the strategies that will best accomplish the client’s goals and objectives.

Our Portfolio team monitors current developments in tax and financial planning and captures the latest information and leading edge strategies to arrive at sound and practical guidance for your real-life situations. Selected key update features for the latest edition of the Guide include:

• Client Letter on Family Partnerships. Many clients may not be aware of the significant advantages of establishing a family partnership. The Guide now includes a client letter on the asset protection characteristics of family partnerships.
• Quick Guide to Partnership Rules. The rules concerning partnership operations, contributions, distributions, transfers of interests, etc. are complex. The Guide now includes a quick guide to subchapter K partnership rules with the related IRC Sections.
• Table Comparing S Corporations and C Corporations. There are tax planning and compliance implications with electing S status. The Guide now includes a table that compares the advantages and disadvantages of these corporate entities.
• Election for Qualified Small Business Stock (QSBS) Capital Gain Rollovers. The Guide now includes the procedures for electing to roll over capital gain from the sale of QSBS held for more than six months if qualified replacement stock is acquired within 60 days.