In an effort to maintain a healthy environment for our clients and our staff, we ask that if you are sick (cold, flu, etc.) or have the onset of any symptoms of an illness (fever,
6 Common Estate Planning Questions Answered!
Below are answers to six common estate planning questions we hear all the time. Q: I don’t have a lot of money or other assets, do I still need an estate plan?
Maryland Governor Plan for $1B Retiree Tax Cuts
Annapolis is abuzz with tax chatter. Income Tax Cuts for Retirees Last week, Maryland Governor Larry Hogan informally announced a plan to cut (and in some cases eliminate) income taxes for retirees — an effort
Happy News from Team Altman!
As we embark on the New Year, we wanted to take a moment to share some happy Team Altman news from 2019. Jackie got married to her long-time sweetheart in September and Leyli and her
Charitable Remainder Unitrusts (CRUTs) SECURE Act
The Setting Every Community Up for Retirement Enhancement Act of 2019, better known as the SECURE Act, was approved by the Senate on Dec.19, 2019, as part of an end-of-year appropriations act and accompanying tax
Keeping Up With the Congress: Your Estate Plan Depends on It!
In 2019, there have been approximately 25 bills proposed by members of Congress that are directly related to estate taxes and many more impacting retirement planning. Here are a few examples: In January, by Rep.
Congress To Pass SECURE Act | Impact On You!
One piece of legislation which we are watching very closely is the SECURE Act (Setting Every Community Up for Retirement Enhancement Act of 2019). This bill, which passed the House earlier this summer, is now
Bipartisan Compromise on Refundable Credits
Senators Mitt Romney (R-UT) and Michael Bennet (D-CO) have recently proposed a bi-partisan compromise to end the continuing negotiations on various tax and business changes being proposed in Congress. Their compromise includes expanding and reforming
Happy Thanksgiving from Altman & Associates
The Altman Team would like to wish everyone a very Happy Thanksgiving! In the spirit of the holiday, our offices will close at 1PM today. Please be safe if you’re traveling and enjoy this special
Veteran’s Day
On Veteran’s Day, and every day, we are thankful to all who serve. As President John F. Kennedy once said, “As we express our gratitude, we must never forget that the highest appreciation is not to