Tag Archives: ashley b. sawyer

Know the Legality of Electronic Signatures

In a time of global transactions which more often than not occur without a single physical meeting between the parties, it is important to understand when an electronic signature is legal and appropriate. The two federal statutes that address this question are the Electronic Signatures in Global and National Commerce Act 2000 (ESIGN) and the … Continue Reading

A $64 Million Question – When is a Written Acknowledgment for a Charitable Donation Needed?

Year-end is a time for many taxpayers to satisfy their philanthropic and tax-related charitable goals; however, it is important to remember that the simple act of giving does not necessarily result in the realization of desired income tax benefits from a charitable donation. The Internal Revenue Service, under Internal Revenue Code (Code) § 170(f)(8)(A) and (B) … Continue Reading

Estate Tax Exemption Nears $11 Million (For a Married Couple)

The estate (and gift) tax exemption amount (exemption amount) is the total amount that an individual may transfer during life, or at death, without incurring gift or estate tax on the value of the gifted assets.  This amount is adjusted annually for inflation, meaning that even if you exhaust your exemption amount by making substantial … Continue Reading