by Arthur Geffen | Nov 20, 2014 | Payments, Retainers
I wonder if I should accept Bitcoins? Votes, please!! A Michigan business and tax lawyer has announced that he will take Bitcoin payments from clients, but will not accept the digital currency on retainer. Tax attorney will accept Bitcoin payments,...
by Arthur Geffen | Nov 14, 2014 | Scam
Let’s say that you were fortunate enough to build some business, and at 50 years of age you have a balance sheet showing a net value of $20 million. You know that you have an estate tax problem, you are concerned that you might be sued someday, and you would...
by Arthur Geffen | Nov 10, 2014 | Trusts
For many investors, trusts are an ideal way to keep portfolios safer for the long term. The hard part is knowing what kind of trusts to set up and how to do it. Trusts can protect assets from taxes and legal threats, and provide income for family and...
by Arthur Geffen | Oct 31, 2014 | Income Tax
The Internal Revenue Service has announced the annual inflation adjustments for a number of provisions for the year 2015, including tax rate schedules, tax tables and cost-of-living adjustments for certain tax items. These are the applicable numbers for the tax...
by Arthur Geffen | Oct 31, 2014 | Estate Tax, Gift Tax
The Internal Revenue Service announced the 2015 estate and gift tax limits today, and the federal estate tax exemption rises to $5.43 million per person, and the annual gift exclusion amount stays at $14,000. These numbers, adjusted annually for inflation,...
