by Arthur Geffen | Jan 8, 2016 | Income Tax, Misc
The 400 Americans who earned the biggest incomes in 2013 paid the highest tax rate in 16 years — but they also saw their incomes drop. To be in the top 400 club in 2013, the latest period of IRS data that’s available, you needed to earn at least...
by Arthur Geffen | Jan 6, 2016 | FRAUD
CHUTZPAH Bell admitted he used his computer access to obtain the personal identifying information of at least 645 then-current and former DYRS youth, turning it over to others involved in the fraud. He said they used the names and Social Security numbers to file at...
by Arthur Geffen | Jan 5, 2016 | Life Insurance
Life insurance can give your loved ones financial security should you die. In most cases life insurance proceeds are not taxable, so your beneficiaries should get the full amount available under your policy. There are certain circumstances in which life...
by Arthur Geffen | Jan 5, 2016 | Estate Tax
In contrast to the uncertainty of years past, 2013 through 2015 have been years of estate tax planning calm. 2016 will likely be the same. We are past the confusion of 2001 through 2012, when we were unsure if a new year meant the estate tax exemption was going...
by Arthur Geffen | Dec 28, 2015 | Trusts
There are several qualifications you should consider when selecting your trustee. Among the more important are the following: Administrative skill and knowledge: A trustee has to perform a multitude of tasks, including safeguarding of assets, collection,...