by Arthur Geffen | Jan 17, 2011 | Income Tax, LGBT, LGBT Issues
A decision in May by the Internal Revenue Service that was hailed as a step toward equality for same-sex couples has instead become a headache for tens of thousands of gay and lesbian families in California. Same-sex couples who are registered domestic partners...
by Arthur Geffen | Jan 6, 2011 | Income Tax
Everyone curses the tax man, but Romanian witches angry about having to pay up for the first time hurled poisonous mandrake into the Danube River on Thursday to cast spells on the president and government. The Associated Press: Curses! Romania’s witches...
by Arthur Geffen | Jan 3, 2011 | Income Tax
President Barack Obama last month signed into law a two-year extension of Bush-era tax cuts for millions of Americans, including the wealthiest, in a compromise with Republicans. Republicans, who this week take control of the House of Representatives, want to...
by Arthur Geffen | Dec 23, 2010 | Estate Tax, Income Tax, IRS
Congress adjourned its year-end lame-duck session on Wednesday after passing legislative fixes for several pending tax issues, including the estate tax, the expiration of the 2001 and 2003 tax cuts, an alternative minimum tax (AMT) patch, and extensions of many...
by Arthur Geffen | Dec 21, 2010 | Income Tax
Compare the benefit of accelerating deductions and postponing income under new law which provides for an extension of low tax rates through 2012. Consider taking a tax free distribution from your IRA up to $100,000 to satisfy charitable contributions. Review...
by Arthur Geffen | Dec 20, 2010 | Income Tax
The extension of current income-tax rates gives wealthy taxpayers the equivalent of an interest-free loan if they convert a regular Individual Retirement Account to a Roth by Dec. 31 Tax Passage Gives U.S. Wealthy Interest-Free Loans for Roth IRA Transfers...
