by Arthur Geffen | Nov 17, 2015 | Business Organizations
Sole Proprietor C Corporation S Corporation LLC Lawsuit protection for owners when business is sued? NO YES YES YES Asset protection for business assets when owner is sued? NO NO NO YES Additional business tax deductions available? NO YES YES YES Who is taxed on...
by Arthur Geffen | Nov 10, 2015 | Affordable HCA, Dallas Probate Lawyer
When you apply for assistance to help pay the premiums for health coverage through the Health Insurance Marketplace, the Marketplace will estimate the amount of the premium tax credit that you may be able to claim. The Marketplace will use information you provide...
by Arthur Geffen | Nov 10, 2015 | Estate Tax
A recent CNBC report suggests that several billion dollars of estate tax due from the estates of foreign decedents on investments in U.S. stock and real estate goes uncollected by the IRS every year. The report noted a large discrepancy between the amount...
by Arthur Geffen | Nov 6, 2015 | Estate Planning
WOW, how to lose $27 Billion in a flash. I think I could get by with $5 Billion!!! Ever since Wal-Mart heir John T. Walton died 10 years ago in a plane crash, it’s been widely assumed that he passed the bulk of his vast estate to his widow, Christy. Turns out...
by Arthur Geffen | Nov 5, 2015 | Tax, Trusts
COMPLICATED STUFF The death of a loved one can create a lot of financial complexity. For families that have set up irrevocable trusts to facilitate the transfer of assets from one generation to another, the tax implications can be even more complicated. However, there...