by Arthur Geffen | Jul 15, 2019 | Estate Planning, Estate Planning Solutions, Income Tax
One of the perils of being well-off is the constant risk that the federal government and/or your friendly state and local tax collectors will figure out new and different ways to snatch more of your wealth. Especially wealth that you earned the old-fashioned...
by Arthur Geffen | Jul 11, 2019 | Tax
The wealth tax proposed by Sen. Elizabeth Warren has sparked a fierce — and increasingly personal — debate between the party’s traditional academic elite and the darlings of the new left. Lawrence Summers, former Treasury Secretary and longtime economic guru of...
by Arthur Geffen | Jun 13, 2019 | Charitable Gifts, Tax, Tax Solutions
Learn about those people and organizations soliciting you before you make a contribution Use this database to view summaries of 3 million tax returns from tax-exempt organizations and see financial details such as their executive compensation and revenue and expenses....
by Arthur Geffen | May 22, 2019 | Estate Planning, Estate Tax, Portability
Listen up, financial advisors: There’s a simple way to help wealthy clients shield more of their estates from taxes, yet it’s often overlooked. Newsletter Sign-up That’s according to InvestmentNews, which looks at what’s known as “portability” for married...
by Arthur Geffen | May 20, 2019 | Estate Planning, Estate Tax
The federal estate tax (sometimes called the death tax) is a one-time tax that is imposed at death. If you die with a certain dollar amount of assets – currently, estates under $11.4 million are exempt, but this reverts back to $5 million in 2026 – a federal...
