by Arthur Geffen | Jan 9, 2024 | Dallas Probate Lawyer
When I first got into tax, I learned one simple rule to always follow: if you think of some clever way to avoid or reduce tax that hasn’t been done before, you haven’t found the reason why it won’t work. There are a lot of very smart tax attorneys out there who are...
by Arthur Geffen | Jan 3, 2024 | Dallas Probate Lawyer
There is a new Federal law that became effective January 1, 2024, that affects your company. The Corporate Transparency Act creates a national database of beneficial ownership information associated with U.S. companies, to combat terrorism, tax evasion,...
by Arthur Geffen | Dec 28, 2023 | Dallas Probate Lawyer
Although the federal income tax filing deadline is not until April, the 2024 tax season starts in just a few short weeks. But you do not need to wait until late January gets here to start getting ready. There are some things you can do now to help you prepare for...
by Arthur Geffen | Dec 27, 2023 | Dallas Probate Lawyer
Yes, You Have to Update Your Planning Estate planning is about as much fun as getting a root canal. Unless there is a strong driver, like a pending change in taxes (there is with the exemption dropping in 2026) or asset protection need (can you ever know when someone...
by Arthur Geffen | Dec 26, 2023 | Dallas Probate Lawyer
Higher federal income tax brackets and standard deductions will take effect at the beginning of January, potentially giving Americans a chance to increase their take-home pay in 2024 and shield more of their income from the IRS. The IRS announced the higher limits for...