Allan T. Young, Author at Fox, O'Neill & Shannon, S.C.

Allan T. Young Taxation

SECURE ACT CREATES IRA ANXIETY

The SECURE Act, enacted in December as part of the federal government spending bill, contains major revisions to the retirement plan rules. Many changes are…

Allan T. YoungMarch 5, 2020

Allan T. Young Business Commercial Taxation

Pass-Through Tax Break For Wisconsin

The federal Tax Cut and Jobs Act caps an individual’s deduction for state income taxes and property taxes. The cap is $10,000. The change is…

Allan T. YoungMarch 12, 2019

Allan T. Young Taxation

End to Valuation Discounts?

A common technique to minimize gift and estate taxes on the transfer of a family business to younger family members may soon be ending. When…

Allan T. YoungDecember 30, 2016

Allan T. Young Estate Planning

End to Valuation Discounts?

A common technique to minimize gift and estate taxes on the transfer of a family business to younger family members may soon be ending. When…

Allan T. YoungAugust 19, 2016

Allan T. Young FOS News Taxation

New Opportunity for After-Tax Retirement Plan Contributions

Many employer retirement plans now allow participants to make contributions to a Roth 401(k) plan account. These contributions are after-tax contributions, but the earnings are…

Allan T. YoungMarch 15, 2015

Allan T. Young Taxation

Tax Scam Alert!

My wife picked up the attached voice mail message from our home answering machine. The caller claims to be from the IRS and is calling…

Allan T. YoungJanuary 8, 2015