April 2010 Posts

  • NC Medicaid Beneficiary Liable for Overpayment

    In this North Carolina Court of Appeals case a Medicaid beneficiary was held liable for overpayment of Medicaid benefits when a newly discovered asset caused her to assets to exceed the resource limit: ...
  • When can I get rid of old tax records?

    Perhaps it’s a good thing that the April 15th tax deadline and the urge to spring clean coincide. It can feel refreshing to throw out some of the financial records stuffing your filing cabinets. ...
  • An Estate Tax Nightmare…

    Forbes.com has been publishing a series on finance and taxes – here’s one about an estate tax worst case scenario: Estate Tax Could Come Back with a Sharp Bite....
  • Retroactive Estate Tax in 2010 Less Likely?

    There has been talk in Washington about possibly reinstating the estate tax retroactively to January 1, 2010? If that’s done, however, many have speculated that litigation challenging the constitutionality of doing so will follow....
  • Today is National Healthcare Decisions Day

    2010 marks the 20th Anniversary of the enactment of the Patient Self-Determination Act, and April 16th, 2010 is the Third Annual National Healthcare Decisions Day....
  • 10 Ways to Attract an IRS Audit

    With accompanying pictures, this article on Forbes.com gives us 10 things NOT to do with regard to our tax returns....
  • AALU Report on Estate Tax Reform

    A recent AALU report, Update on Estate Tax Reform: Developments and Dynamics, lists three factors that affect the ongoing environment for federal estate tax legislation:...
  • Estate Tax ‘Choice” in 2010?

    Support is growing in Congress for allowing estates of decedents dying in 2010 to choose between the $3.5 million estate tax exemption (per 2009 law) and the current modified carryover basis law. ...
  • It’s Time to Review Your Will!

    My law firm, TrustCounsel, is currently in the process of reviewing all of our clients’ estate plans and notifying those that need to update their plans due changes in the law, and possibly changes in the client’s situation. ...
  • Top 10 Tips for Last Minute Filers

    Don’t be an April Fool, read these tax tips from the IRS (2010-62): 1. E-file your return Don’t miss out on the benefits of e-file. Your tax return will get processed quickly if you use e-file. ...