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...
by Arthur Geffen | Sep 3, 2010 | Medicare
Former health and human services secretary Michael Leavitt was incorrect in calling the Affordable Care Act’s Medicare reforms an “illusion” [“The wrong prescription for Medicare,” Washington Forum, Aug. 27]. It’s no illusion...
by Arthur Geffen | Sep 2, 2010 | Estate Tax
One thing I do know is this: In a far stricter tax environment, my grandfather still managed to accumulate and pass on ample funds to make three subsequent generations very comfortable indeed. And as an inheritor I am here to tell you, the estate tax is not as...
by Arthur Geffen | Sep 1, 2010 | Income Tax
This isn’t a surprise. For almost a decade everyone has known this day was coming. On Jan. 1, 2011 the top income tax rate on ordinary income and dividends will go back to 39.6%, the top tax rate on capital gains will revert to 20%, and the top tax rate...
by Arthur Geffen | Sep 1, 2010 | Estate Planning Solutions, LGBT
Like the overall U.S. population, roughly 80% of LGBT individuals and couples — including those residing in Massachusetts, Rhode Island, and Maine — have NO ESTATE PLAN! Their stated reasons for this are many. Some of the reasons that LGBT persons...