Taxpayer asks: My mom gave me money through my paypal account. There were 3 separate transactions totaling $380 but was non-business related, do I need
Read MoreCategory: estate & gift
Fix The Tax Code Friday: Estate Tax
When Congress first introduced the wacky legislation that is the current federal estate tax situation (an exemption that gradually rises to $3.5 million per person,
Read MoreWhere’s There’s A Will, There’s Confusion
The most recent news out of the Anna Nicole Smith camp is that her Will does not provide for anyone other than her now deceased
Read MoreThe Estate Of The Union
Just hours after the news of Anna Nicole Smith’s suspicious death broke, there were already questions about the status of her deceased husband’s estate. The
Read MoreYou Look Dated
Dates matter. Well, they do in Pennsylvania. The latest flap over James Brown’s estate has taken yet another turn that apparently hinges on the interpretation of state
Read MoreDeath & Taxes: Actually Certain?
As Congress continues to ponder whether the federal estate tax makes any sense, the Citizens for Tax Justice weighs in with some IRS statistics. Consider
Read MoreIt’s a Man’s Man’s Man’s World
As it turns out, James Brown’s widow, Tomi Rae Hynie, may not really be his widow after all. Or maybe she is – apparently, the
Read MoreHousecleaning
Nobody wants a partisan tax blogger. It’s so… impolitic, if you will. So, I’m not going to offer any real commentary about the election on
Read MoreAstor-nomical News
Well, it appears to be over, the “it” being the fight over guardianship of multimillionaire socialite and philanthropist Brooke Astor. Anthony Marshall, who had been
Read MoreAnd Down Again…
Okay, who other than Senator Frist will admit that they thought the newly packaged estate tax reduction/minimum wage increase bill was going anywhere? Every practitioner
Read More