For many people, this may be a great time to kill a traditional IRA. Dismantle it. Take it down. Cash it in. Or at least start that process and save thousands of tax dollars doing it. Especially as we … [Read more...]
Three Reasons To Trust Your Beach House To A Trust
Vacation property and “second homes” – whether in the mountains or at the beach – present a number of legal and tax planning opportunities. A little secret: Most of what you'll read here also … [Read more...]
Tax Advice For Drug Dealers
I am NOT making this up. Last week the Internal Revenue Service issued advice to field personnel on how illegal drug traffickers should be handling taxable aspects of their, er, “business.” Not many … [Read more...]
Over Age 65? Disabled?
Act By June 1 to Save Property Taxes Many folks who are over age 65 or who are disabled may not know that they may be entitled to significant reductions in property taxes assessed against their … [Read more...]
2013 Taxpayer Relief? Does It Affect You?
Yesterday Congress passed, and President Obama signed, legislation averting for the time being a trip over the “Fiscal Cliff.” I say “for the time being” because the real slugfest is ahead during the … [Read more...]
