Our community benefits now and in the future when ECF receives gifts of publicly traded securities. Many community members have taken advantage of the special tax incentive that exists for these gifts.
The Federal Government has proposed a new tax rule that could potentially impact gifts of publicly traded securities starting in 2024. The proposed change relates to an adjustment that occurs behind the scenes during the filing of your tax returns – a modification to the Alternative Minimum Tax (AMT).
For a deeper understanding of the AMT changes and their implications, watch this informative webinar featuring ECF’s Kathy Hawkesworth and expert Tim Kirby of Felesky Flynn LLP.