by Arthur Geffen | Dec 18, 2018 | Tax Solutions
During July 2018, DFAS and the IRS sent letters to approximately 130,000 separated military members who had received disability severance pay as income and with federal tax withholding applied. In accordance with IRS’s current policy, IRS agreed to forward...
by Arthur Geffen | Dec 3, 2018 | Gift Tax, Gifts
If the holiday spirit is encouraging you to gift millions of dollars to family members, it’s time to start sharing the wealth. The Tax Cuts and Jobs Act increased the gift and estate tax exemption — also known as the basic exclusion amount — to $11.18...
by Arthur Geffen | Nov 26, 2018 | Charitable Gifts
When people are done giving thanks at the dinner table, many start another kind of giving. The annual Giving Tuesday happens the week after Thanksgiving to kick off the season of charitable giving. This year, Giving Tuesday falls on Tuesday, November...
by Arthur Geffen | Nov 21, 2018 | Dallas Probate Lawyer
We hope everyone has a very happy, joyous and peaceful thanksgiving! Don’t talk politics around the Thanksgiving table.
by Arthur Geffen | Oct 29, 2018 | Estate Attorney, Estate Lawyer, Estate Planning, Estate Planning Solutions, Estate Tax
Death and taxes may be unavoidable. Taken together, they become a firestorm. The federal estate tax has been a hot-button issue since it was first imposed under the Revenue Act of 1916, when 10 percent was levied on portions of an estate exceeding $5 million....
