by Arthur Geffen | Feb 9, 2023 | gr, Grantor Trust
Grantor trusts are groovy. They have so many potential benefits that they are the cornerstone of many, maybe even most estate plans. Grantor trusts let you transaction business with your trust without triggering gain for income tax purposes. Rev. Rul. 85-13. So, you...
by Arthur Geffen | Jan 4, 2023 | Charitable Gifts, Trusts
Every taxpayer’s financial situation is unique, and some donors may be looking for a more sophisticated approach to charitable giving. A charitable remainder trust (“CRT”) can be an effective tool for accomplishing your philanthropic goals while also creating a source...
by Arthur Geffen | Dec 30, 2022 | Misc
HAPPY AND HEALTHY NEW YEAR TO ALL
by Arthur Geffen | Dec 27, 2022 | Income Tax
It’s still a bit too early to think about it, but in case you are wondering, here’s our annual chart for the #1 question we get every year: “When will I get my tax refund?” The answer is never exact, but we are able to make some educated guesses based on a few...
by Arthur Geffen | Dec 7, 2022 | Income Tax
Are you U.S. citizen or resident? Have you ever just wanted to leave the whole U.S. federal tax system behind? Well, you can . . . try at least. But there’s a cost. The Problem U.S. citizens and residents are subject to federal income tax on their worldwide...
