by Arthur Geffen | Dec 9, 2015 | Tax Planning
THINK ABOUT THIS NOW! How does a near zero family loan sound? The terrifically low rate you can use for a short-term intra-family loan is just 0.56% for loans up to three years. Go out up to 9 years and the rate is 1.68%. For loans of 10-years-plus, it’s just 2.61%....
by Arthur Geffen | Dec 8, 2015 | Income Tax
Check the link below for information Tax time is nearly upon us again, and 2016 will bring some tax changes you need to know about. By learning about them before the New Year, you’ll be better able to take steps that will leave you prepared both this year and...
by Arthur Geffen | Dec 1, 2015 | identity theft, IRS
A victim of identity theft or a person authorized to obtain the identity theft victim’s tax information may request a redacted copy (one with some information blacked-out) of a fraudulent return that was filed and accepted by the IRS using the identity theft...
by Arthur Geffen | Nov 24, 2015 | Income Tax
The Internal Revenue Service today simplified the paperwork and recordkeeping requirements for small businesses by raising from $500 to $2,500 the safe harbor threshold for deducting certain capital items. The change affects businesses that do not maintain an...
by Arthur Geffen | Nov 23, 2015 | Estate Lawyer, Estate Planning
Thanks to the 84th Legislature, Texans have a new, easy way to transfer real property to someone else upon their death. It does not involve going through probate court, which can be a lengthy and costly process. It also allows the owner to keep the exact...
