by Arthur Geffen | Feb 3, 2012 | Income Tax
If you changed your name after a recent marriage or divorce, the IRS reminds you to take the necessary steps to ensure the name on your tax return matches the name registered with the Social Security Administration. A mismatch between the name shown on your tax return...
by Arthur Geffen | Feb 2, 2012 | Income Tax
The IRS has a tool to help people who have to repay their First-Time Homebuyer Credit. Reminder letters will no longer be mailed to taxpayers who have to repay the credit but you can now use an online lookup tool on the IRS website to check your repayment obligation....
by Arthur Geffen | Feb 1, 2012 | Income Tax
The filing of a joint income tax return has the legal effect of an irrevocable election by each spouse to be jointly and severally liable for tax reported, or properly reportable, on the return. In other words, each spouse can be held liable for the full amount...
by Arthur Geffen | Jan 26, 2012 | Estate Tax
Where not to die in 2012 Changes in estate and inheritance taxes at the state level will make it better — or worse — for families in the year ahead. Where not to die in 2012- MSN Money
by Arthur Geffen | Jan 18, 2012 | Estate Planning Solutions, Estate Tax
The 2010 tax law gives married couples a wonderful new tax break. Depending on whom you talk to, it could be a gold mine or a loss leader for lawyers. Here’s what I mean: Until the end of this year — and longer than that if Congress makes the current law...
