by Arthur Geffen | May 12, 2022 | Estate Tax, Gift Tax
Over the last couple of years, as there was concern that the gift and estate tax exemption (along with the related generation-skipping transfer tax exemption) would be reduced back to pre-2017 levels, many individuals made gifts or other transfers to utilize their...
by Arthur Geffen | May 4, 2022 | Texas Property Tax
Most things are bigger in Texas, but your property tax bill doesn’t have to be. No doubt, tax authorities in Texas are at times overzealous in their valuations on which property taxes are computed. The head of property taxes for a Fortune 500 client once quipped: “If...
by Arthur Geffen | May 4, 2022 | Estate Planning, Estate Planning Solutions, Estate Tax
Recently issued proposed clawback regulations (Proposed Treasury Regulations Section 20.2010-1(c)(3)), (the proposed regs) may undermine the planning your clients completed over the past few years to address the coming reduction in the estate tax exemption or the then...
by Arthur Geffen | May 4, 2022 | Dallas Probate Lawyer
In Short The Situation: State securities regulators in Texas and Alabama filed two first-of-their kind enforcement actions against a company selling non-fungible tokens (“NFTs”) to operate casinos in a metaverse. The Result: The cease and desist orders...
by Arthur Geffen | Apr 28, 2022 | Income Tax
Are higher taxes coming to go along with inflation? It sure looks that way. And while some of the spin is being directed at the Billionaire’s tax—that actually kicks in at a tenth of a billion dollars—there are plenty of other tax hikes proposed for more modest...