by Arthur Geffen | May 16, 2012 | Tax, Tax Planning, Tax Solutions
AS Facebook prepares to go public, here’s how the founders are trying to avoid or is it “EVADE” taxes. Last weekend’s Tax Report, “How Facebook’s Elite Skirt Estate Tax,” has attracted a lot of reader response. No surprise there. The social-networking firm is...
by Arthur Geffen | Apr 30, 2012 | Estate Tax, Gift Tax, Income Tax, Tax, Tax Planning
Congress has invented a new extreme sport: Skating on the edge of a $7 trillion fiscal cliff. That’s the magnitude of tax increases and spending cuts that will start to hit the economy on Jan. 1, 2013, unless Congress acts. And how Congress navigates that...
by Arthur Geffen | Oct 20, 2011 | Income Tax, Tax, Tax Planning, Tax Solutions
WASHINGTON — For tax year 2012, personal exemptions and standard deductions will rise and tax brackets will widen due to inflation, the Internal Revenue Service announced today. By law, the dollar amounts for a variety of tax provisions, affecting virtually...
