Our Thoughts On

Sort by

Jamie Drennen

Articles 1 - 9 of 9

Estate Planning, Private Client Services, Tax
Jamie Drennen | 10.15.2020

IRS Issues Final Regulations for Non-Grantor Trust Deductions

The IRS has issued final regulations on the deductions available to estates and non-grantor trusts. Under the Tax Cuts and Jobs Act, which was enacted

Internal Revenue Service, International, Tax
Jamie Drennen | 9.28.2020

IRS Provides Foreign Trust Reporting Requirements

The IRS has provided on its website a summary of reporting requirements for foreign trusts and their U.S. owners. Though these regulations are not new,

Coronavirus, Private Client Services, Tax, Tax Impact
Jamie Drennen | 9.3.2020

IRS Extends 2020 Rollover Period and Other Deadlines for Retirement Account RMDs

In March, the CARES Act provided taxpayers opportunity to skip this year’s (2020) required minimum distribution (RMD) from their retirement accounts.

Coronavirus, Estate Planning, Tax
Jamie Drennen | 5.13.2020

Estate Planning Opportunities Created by COVID-19

Learn more about estate planning opportunities during coronavirus.

Internal Revenue Service
Jamie Drennen | 1.22.2020

IRS Requests Public Comment on Forms 3520 and 3520-A, Reporting of Foreign Gifts and Trusts

The IRS requested public comment regarding two reporting forms used by taxpayers in reporting for foreign gifts and trusts, Form 3520 and Form 3520-A.

Estate Planning, Tax Reform
Jamie Drennen | 12.12.2019

2020: Provided the World Doesn’t End, We’ll Enjoy an Increased Lifetime Gift and Estate Tax Exclusion

Whether society’s collective interpretation of the Mayan calendar proves correct and the world ends in 2020 remains unknown, for now. Despite this

Schneider Downs, Tax
Jamie Drennen | 11.20.2019

IRS Releases First Guidance Regarding Cryptocurrency Since 2014

On October 9, the IRS released Revenue Ruling 2019-24, which offers the agency’s first cryptocurrency guidance since 2014. As described in our most

Internal Revenue Service, Tax, Wealth Management
Jamie Drennen | 8.9.2019

The IRS turns its focus to cryptocurrency

On July 26, the Wall Street Journal reported that the Internal Revenue Service has mailed letters to over 10,000 cryptocurrency holders warning that those

Estate Planning, Schneider Downs, Tax
Jamie Drennen | 12.13.2018

Does Santa Pay the Gift Tax? Does Santa Receive Wages of Cookies and Milk?

‘Twas the night before Christmas and all through the house, not a creature was stirring… except for St. Nick’s elf-accountants, who

This site uses cookies to ensure that we give you the best user experience. Cookies assist in navigation, analyzing traffic and in our marketing efforts as described in our Privacy Policy.