Category Archives: Tax Stamp

ATF is trying to redefine pistol braces yet again

UPDATE:  The guidance document has been withdrawn. Before we talk about the latest development, let’s take a second to bring everyone up to speed on the long history of this issue. March 2014 – They are fine Back in March … Continue reading

Posted in Administrative Law, AR Pistols, ATF Guidance Letters, ATF Ruling, BATFE, Due Process, Federal Law, Firearms Technology Branch, Manufacturing, NFA Trusts, Regulatory Rulemaking, SBR, Short Barreled Rifles, Short Barreled Shotguns, Stabilizing Brace, Tax Stamp | Comments Off on ATF is trying to redefine pistol braces yet again

Selling an NFA Item as Executor of an Estate

The vast majority of my clients own their NFA items in an NFA Trust so that they get the dual benefits of sharing the items while they are alive and probate-avoidance when they pass away.  However, I occasionally get a … Continue reading

Posted in ATF, BATFE, Estate Planning, Federal Law, Form 4, Form 5, Inheriting Firearms, NFA Transfers, NFA Trusts, Private Sales, Tax Stamp | Tagged , | Comments Off on Selling an NFA Item as Executor of an Estate

What’s going on with 41p now?

UPDATE:  The final rule has been released ————————————————— Since the comment period for 41p ended on December 9th, 2013, we have been waiting to see how the ATF would respond to the record breaking number of comments they received, which … Continue reading

Posted in 41P, Administrative Law, AOW, ATF, BATFE, CLEO Sign-Off, Federal Law, Form 1, Form 4, Machine Guns, NFA Transfers, NFA Trusts, Regulatory Rulemaking, SBR, Short Barreled Rifles, Short Barreled Shotguns, Tax Stamp | Comments Off on What’s going on with 41p now?

Completing a Form 4 after your gun rights have been restored

A number of my clients who have succeeded in having their gun rights restored have since made full use of their restored rights. They have successfully purchased one or more Title I firearms, applied for a concealed carry permit, and are now ready to add … Continue reading

Posted in 4473, ATF, BATFE, Form 4, Gun Rights Restoration, NFA Transfers, NFA Trusts, Purchasing Firearms, Tax Stamp, Virginia Concealed Handgun Permit | Comments Off on Completing a Form 4 after your gun rights have been restored

Is the $200 tax on an NFA item deductible on your federal return?

It is the start of a new year, and many of us are reluctantly turning our attention to the filing of taxes. That was certainly the case for the client who emailed me this morning and asked whether or not … Continue reading

Posted in ATF, BATFE, Federal Law, IRS, NFA Transfers, Tax Stamp | Comments Off on Is the $200 tax on an NFA item deductible on your federal return?