Nathan Vinson

03.22.2021

Deadlines For Individual Tax Return Filing Pushed Back To May 17

By ELPO Law Partner Nathan Vinson The IRS announced on Wednesday that it will push back the tax return filing and payment deadlines for individuals to May 17 from April 15 partly due to the new $1.9 trillion relief law and its impacts on 2020 individual income taxes. We… Read More

11.23.2020

Why Do I Need a Power of Attorney or Advance Medical/Living Will Directive?

Without the right power of attorney – or any at all – the incapacitated individual’s family would need to go through the justice system to have a guardian or conservator appointed to represent them. Read More

10.26.2020

Simple End of Year Tax Planning and Wealth Transfer Tips

Believe it or not, the end of 2020 is quickly approaching (insert collective sigh of relief). While I think most of us are ready to start looking forward to 2021 and would prefer to not even have to utter the words 2020 anymore, now is the time to finish off the year strong by reviewing simple, yet important, year-end tax planning and wealth transfer tips.  When most people think of tax planning and wealth transfer, they may have in mind complex estate planning documents and an overload of legal and accounting advice.  But that doesn’t have to be the case.  Here are three simple tips that you can implement with relative ease, though you will want to consult your tax advisor first. Read More

07.29.2020

LEGAL UPDATE: Kentucky Changes Power of Attorney Law Effective July 2020

Right at two years to the date, Kentucky has again changed its power of attorney law by adopting parts of the Uniform Power of Attorney Act. Read More

12.12.2019

Wayfair the Sales Tax Fanfare

Well here we are.  It has been well over a year since the United States Supreme Court’s decision in South Dakota v. Wayfair, Inc.  As a refresher and not to make your eyes agonizingly glaze over with the down and dirty tax details, Wayfair essentially upheld South Dakota’s tax law… Read More

01.11.2018

Tax law changes brings a big estate tax win

By Nathan Vinson, Attorney and Partner English, Lucas, Priest and Owsley, LLP We’ve had lots and lots of questions about the new tax law passed by Congress and signed into law by President Donald Trump in late 2017. It is a large, complicated and sweeping bill that the average person may have some trouble deciphering, which is understandable. We wanted to tackle here what we see as one of the major benefits for those planning their estates: doubling the exemption for estate taxes. If you’re looking to a solid guide to all of the tax law changes, read The Motley Fool’s take on it here. In 2011, this base was set at $5 million, and it was indexed for inflation, meaning that you could leave up to $5 million (plus the adjustment for inflation) to your heirs and your estate would pay no estate tax. For tax year 2017, that amount was $5.49 million once adjusted for inflation. Read More

12.20.2017

ELPO names Rebecca Simpson, Jessica Shoulders and Nathan Vinson partners

ELPO names Rebecca Simpson, Jessica Shoulders and Nathan Vinson partners Read More

11.28.2017

Nathan Vinson graduates from Leadership Bowling Green

Nathan Vinson graduates from Leadership Bowling Green Read More

10.12.2017

Attorney Nathan Vinson to present at insurance and estate planning workshop

Nathan Vinson Attorney Nathan Vinson will join two local insurance experts for an informative workshop on Thursday, Oct. 19. The workshop will be held at Van Meter Insurance Group, 1240 Fairway St., Bowling Green, Ky. The workshop is free and… Read More

03.10.2017

Nathan Vinson joins Leadership Bowling Green class

Nathan Vinson joins Leadership Bowling Green class Read More