IRS MILEAGE RATES

October 27, 2011 · · Revolving IRS Issues, Tax Law · 0 Comments

IRS drives up the standard mileage allowance for business vehicle usage.  The new rate is 55.5¢ a mile for the final six months of 2011, a 4.5¢ hike.  IRS raised the rate due to the gas price spike earlier this year, even though prices are falling now.  The mileage rate for 2012 will be officially.

View This Article →

ASSET PROTECTION

October 10, 2011 · · Asset Protection, Estate Planning/Probate · 0 Comments

Litigation continues unabated with frivolous lawsuits and runaway judgments that put virtually everyone at risk.   Professionals have always been counseling on asset protection matters whenever they advise on incorporation, limited partnerships, the formation of LLC’s, insurance and portfolio diversification. It is an affirmative professional duty to draw to the attention of individuals the available powerful.

View This Article →

SEMINAR – The New Era of Estate Planning

July 5, 2011 · · Estate Planning/Probate · 0 Comments

I am pleased to inform you of an upcoming seminar I will be speaking at.  The seminar is: The New Era of Estate Planning July 19, 2011 in Phoenix, AZ Because I am a faculty member, you can receive 20% off the fee. Please click on the link for more details: www.lorman.com/387496 If you or.

View This Article →

Overview of Innocent Spouse Relief

May 17, 2011 · · Estate Planning/Probate, Powers of Attorney, Special Needs Trusts · 0 Comments

Innocent spouse relief is a way for one spouse to avoid some or all of the liability for taxes on a joint return.  The innocent spouse relief rules were enacted in 1971.  When first enacted, many taxpayers were not able to meet the thresholds for relief.  Over the years, various changes were made, and in.

View This Article →

Tax Offers in Compromise

March 7, 2011 · · Tax Law · 0 Comments

The IRS is expanding a new streamlined Offer in Compromise (OIC) program to cover a larger group of struggling taxpayers. (An “Offer-in-compromise is an agreement between a taxpayer and the IRS that settles the taxpayer’s tax liabilities for less than the full amount owed.) This streamlined OIC is being expanded to allow taxpayers with annual.

View This Article →

Tax Controversy

January 10, 2011 · · Tax Law · 0 Comments

The IRS is increasing audits of individual s and small business  and is strictly enforcing  tax laws which will require the needs of attorneys with tax law experience in Phoenix.   I am an experienced elder law and asset protection lawyer in Phoenix Arizona. I am a certified specialist in tax law and a CPA..

View This Article →

New Estate Tax is Passed by Congress

December 17, 2010 · · Tax Law · 0 Comments

Congress finally dealt with the estate tax issue yesterday.  The new law will go into effect January 1st, 2011.  It provides for lifetime exemptions for every person with a net worth of $5 million dollars.   For a husband and wife the exemption is $10 million.   I am an experienced elder law and asset protection.

View This Article →