by Arthur Geffen | Oct 5, 2010 | Estate Tax
The consequence of the year with no estate tax. another gotcha! But if this loving son thought he’d stand to cash in if his father died this year, he might be in for an unpleasant surprise. It is true that, thanks to Senate gridlock, the estate tax has...
by Arthur Geffen | Sep 23, 2010 | Estate Tax
Everyone talks about the Estate Tax and how evil it is, even causing financial disasters within very wealthy circles, but few know how it is actually calculated. So today, I am going to show you you how to easily calculate the Federal Estate Tax. I say Federal...
by Arthur Geffen | Sep 23, 2010 | Estate Tax, Income Tax
For the 400 richest Americans, 2010 may go down as the best year ever when it comes to paying taxes. A fixture since 1916, the federal estate tax lapsed on Jan. 1, potentially saving huge sums for the heirs of Metromedia founder John Kluge, Texas pipeline...
by Arthur Geffen | Sep 14, 2010 | Estate Tax, Income Tax, Medicaid, Medicare
The already heated fight over the so-called Bush tax cuts, which are set to expire at the end of this year, ratcheted up another notch on Monday. The White House and a host of influential Congress members staked out competing positions on the issue that is...
by Arthur Geffen | Sep 14, 2010 | Estate Tax
In the Atlantic’s new cover story, Michael Kinsley makes two big points. First, Baby Boomers have just about ruined this country. Second, they can still save it.His idea? Something like a universal estate tax to skim off the Boomer generation’s...
by Arthur Geffen | Sep 3, 2010 | Estate Tax, Income Tax
The Bush tax cuts, which cost $1.7 trillion between 2001 and 2008, are set to expire at year’s end, posing several critical questions: Which tax cuts should be extended and for whom? Will permanent cuts boost the economy? Due to the sluggish economy, letting...
