Estate planning, gift tax rules, and everything that happens when wealth passes from one generation (or person) to the next.
The headlines are meant to grab your attention: Wealthy Clintons use trusts to avoid full estate tax they back After touting estate tax, Bill and Hillary Clinton seize on loopholes Bill and Hillary Clinton are dodging ‘death tax’ on their homes despite campaigning to raise it Clintons use loophole to avoid estate tax they helped…
If you’ve found yourself humming along to that catchy song, “Girls” from the Goldieblox ad, you’re not alone: the video of their latest ad has gone viral with over 8 million views. The Beastie Boys, who penned the original version of the song are crying foul. Now, the courts have been asked to weigh in.
Get a receipt and 9 other tips for donors who don’t want to tangle with the IRS.
Rapper The Game has pledged to give away $1,000,000. And it’s not going to big name charities but to small time folks. What are the consequences of these kinds of gifts?
We now know how much is at stake in the tax dispute over Michael Jackson’s estate: $700 million. Here’s how it breaks down.
The Estate of Michael Jackson has filed an action in U.S. Tax Court protesting a Notice of Deficiency levied against his estate. The question is, of course: How much was the King of Pop really worth at his death?
Gov. Andrew Cuomo has announced that New York will issue estate tax refunds to those taxpayers who file amended returns as a result of the recent Supreme Court ruling that deemed DOMA unconstitutional.
Things are turning around for the Yankees. Derek Jeter, who hasn’t played this season, made an appearance on the field today, taking a few practice swings. The team is 2nd in the AL East (and yes, their winning percentage is much better than my beloved Phillies who are a dismal 3rd in the NL East)….
Lindsay Lohan is making news again this week and not just for her turn as Elizabeth Taylor in the annoyingly overblown over promoted critically panned Lifetime movie, “Liz and Dick.” It seems that the actress is in demand – by the IRS. Lohan’s tax troubles started earlier this year when the IRS filed a lien…
Nobody has a crystal ball. I’ve sat through presentation after presentation (and given a couple myself) on the state of the federal estate and gift tax for 2013 and beyond. There are all kinds of theories about what might happen. But the reality is, we know very little. Quite frankly, much of it hinges on…