by Arthur Geffen | Mar 5, 2014 | Income Tax
Bartering is the trading of one product or service for another. Often there is no exchange of cash. Small businesses sometimes barter to get products or services they need. For example, a plumber might trade plumbing work with a dentist for dental services. If you...
by Arthur Geffen | Mar 3, 2014 | Dallas Probate Lawyer
1. The Taxpayer Advocate Service (TAS) is an independent organization within the IRS and is your voice at the IRS. 2. We help taxpayers whose problems are causing financial difficulty. This includes businesses as well as individuals. 3. You may be eligible for our...
by Arthur Geffen | Feb 19, 2014 | Estate Planning
These days, it is not uncommon for U.S. citizens who live in this country to be married to non-citizen spouses who also live here. Or two non-citizens may get married while living here. In tax lingo, non-citizens who are permanent U.S. residents are termed...
by Arthur Geffen | Feb 17, 2014 | Estate Tax, Portability
The IRS has offered (Rev. Proc. 2014-18) estates of decedents dying before 2014 relief for missed “portability” elections. Estates of decedents with a surviving spouse may elect under Section 2010(c) to permit the surviving spouse to use the...
by Arthur Geffen | Feb 12, 2014 | Dallas Probate Lawyer
Are you looking for a hard and fast rule about what income is taxable and what income is not taxable? The fact is that all income is taxable unless the law specifically excludes it. Taxable income includes money you receive, such as wages and tips. It can also include...
