by Arthur Geffen | Nov 5, 2015 | Tax, Trusts
COMPLICATED STUFF The death of a loved one can create a lot of financial complexity. For families that have set up irrevocable trusts to facilitate the transfer of assets from one generation to another, the tax implications can be even more complicated. However, there...
by Arthur Geffen | Sep 9, 2015 | IRS, Tax
IS THIS GOING TO BE A PROBLEM FOR YOU AND YOUR ESTATE? PROBABLY NOT! Owe $100 million or more to the Internal Revenue Service (IRS)? Better write that check now. The latest edition of the Internal Revenue Bulletin, Bulletin No. 2015–36, dated, September 7, 2015,...
by Arthur Geffen | Sep 11, 2014 | Tax
An interesting oped about taxes. What do you think? The founders of our country declared their independence from what they viewed as a tyrannical aristocracy in England. More than two centuries later, today’s tyrannical aristocracy is no longer a foreign...
by Arthur Geffen | Jun 6, 2014 | IRS, Tax, Tax Solutions
Interesting article on Offers in Compromise with the IRS Alphabet Soup For Offers In Compromise (“OIC”) | TaxConnections Worldwide Tax Blog
by Arthur Geffen | Jan 29, 2014 | Tax, Tax Preparation, Tax Solutions
Each year millions of people have their tax returns prepared for free by volunteers. These volunteers are part of the IRS Volunteer Income Tax Assistance and Tax Counseling for the Elderly programs. Here are the top 10 tips the IRS wants you to know about VITA and...
by Arthur Geffen | Dec 3, 2013 | Tax, Tax Planning, Tax Solutions
Dozens of tax laws are set to expire at the end of 2013. Many of these provisions are quite popular and likely will be extended by Congress. Exactly when or how lawmakers will get around to doing this is unclear. The situation is complicated by the fact that...