Be aware of the GST tax when transferring assets to grandchildren

Be aware of the GST tax when transferring assets to grandchildren

As you plan your estate, don’t overlook the generation-skipping transfer (GST) tax. Despite a generous $5.49 million GST tax exemption, complexities surrounding its allocation can create several tax traps for the unwary. GST basics The GST tax is a flat, 40% tax on transfers to “skip persons,” including the following: grandchildren, other family members more… Read more

Now Hiring – Audit Senior

Now Hiring – Audit Senior

We are now accepting applications for a Senior Auditor position at Hartmann, Blackmon & Kilgore, P.C. (hb&k). The Senior Auditor will report to partners and managers and be able to participate in and lead staff on audit engagements. Applicants for this position should expect opportunities to undertake more challenging assignments, clients, staff responsibilities relating to… Read more