Clients with business entities have had some planning flexibility to be able to maintain privacy regarding the ownership and control of LLCs, LPS, and corporations. The Corporate Transparency Act (the
The IRS has said a recent court decision upholds its longstanding position regarding abusive microcaptive insurance transactions. In Reserve Mechanical Corp. the court upheld the IRS’s position on abusive microcaptive
Sprouse Shrader Smith is proud to announce the appointment of Mindi B. Zanowiak as a Member of the State Bar of Texas Minimum Continuing Legal Education Committee. This committee works
At this time of year, the IRS mails notices to taxpayers regarding their recently filed returns. Notices are sent for a variety of reasons that don’t involve collection, so there’s
Recently the Potter-Randall Appraisal District (“PRAD”) has been sending letters to local residents who own their personal residence in a trust threatening to revoke those residents’ homestead property tax exemptions.
Last week, Shyla Buckner, Of Counsel attorney with Sprouse Shrader Smith, participated in the 28th Annual Advanced Estate Planning Strategies course, put on by the Real Estate, Probate & Trust