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Revenue’s debt warehousing scheme allowed for the deferral of tax payments during the pandemic

Families and Family Offices engaged in managing privately held capital often use partnerships to consolidate and aggregate capital from related and/or unrelated parties and trusts.

The battle outside ragin’ And rattle your walls -Bob Dylan A change in presidential administrations brings with it the uncertainty of what the political, legal and tax landscape will look like in the future. Statements from the Commissioner of the Internal Revenue Service and the President of the United States are starting to provide clarity of what things will look like going forward.  Here’s what we know and what you, as a taxpayer, should be thinking about as you adjust your financial planning. Government Spending is at Record Levels The national debt is now more than $28 trillion do...