by Arthur Geffen | Aug 23, 2013 | Audit, Estate Tax, IRS
WASHINGTON (Reuters) — The estate of pop music legend Michael Jackson is fighting the Internal Revenue Service over taxes and penalties levied on a wide range of the star’s assets, including the Neverland Ranch, his "image and likeness"...
by Arthur Geffen | Aug 20, 2013 | Estate Tax, Inheritance Tax
Depending on where you live, in spite of the fact that at the Federal Level, your estate has to be worth more than 5.25 million dollars, your state may be imposing an estate tax on your assets even though the United States does not. It pays to look into it and...
by Arthur Geffen | Aug 12, 2013 | Estate Tax
Can the IRS collect someone else’s taxes from you? In some cases yes where you end up with assets or money from that person. You may have a right to the assets or money, but the IRS trumps you. The IRS calls it transferee liability and says ‘show me the money.’...
by Arthur Geffen | Aug 9, 2013 | Charitable Gifts, Income Tax
Do you wonder whether that charity that just called is really tax exempt. Check instantly at this IRS Website. EO Select Check
by Arthur Geffen | Aug 8, 2013 | Income Tax
The latest data show that the job market continues to improve, slowly. Payrolls have expanded at a moderate average monthly rate of 189,000 over the past 12 months. Assuming no government shutdown or debt ceiling crisis in the fall (please), most economists...
