April 2021

2021 Individual Tax Extension Deadline

Last month, the Internal Revenue Service (IRS) announced that the Federal income tax filing and payment due date for individuals will be automatically extended until May 17, 2021.Unlike last year, the automatic Federal tax filing extension only applies to …

March 2021

Do Something Meaningful: A Conversation With Kate N. Kishfy

Kate Kishfy joined Hinckley Allen as an associate in 2013. Her practice is focused in the area of trusts and estates, including estate planning, estate and trust administration, income tax planning and charitable giving. “Trusts & Estates is a really…

December 2020

To Gift or Not to Gift: Year-End Gifting Considerations in Light of Biden’s Proposed Tax Plan

As it becomes increasingly certain that President-Elect Joseph R. Biden, Jr. will take office in January, 2021, almost everyone is interested in President-Elect Biden's tax proposals. While many know that part of his proposal is an increase in federal inco…

March 2020

Extension of April 15th Tax Payment and Filing Deadline in Response to COVID-19

On March 21, 2020, the Treasury Department and Internal Revenue Service (IRS) announced that the Federal income tax filing and payment due date will be automatically extended until July 15, 2020.Any individual, trust, estate, corporation, or unincorporated…

February 2020

New Retirement Benefit Rules Under the SECURE Act

What is the SECURE Act?The Setting Every Community Up for Retirement Enhancement (SECURE) Act was enacted on December 20, 2019 as part of the Further Consolidated Appropriations Act 2020, with most provisions effective January 1, 2020. Qualified Plan parti…

October 2019

Estate and Gift Tax Planning Opportunities in a Low Interest Rate Environment

As many of our clients and their professional advisors are well aware, we are in a period of historically low interest rates. Although such an environment poses some challenges, it also creates a number of opportunities for efficient estate and gift tax pl…