Tax
10 Tips from a Tax Lawyer for 2010 and 2011
Last week I was interviewed regarding income and estate taxes in 2010 and 2011 offering tips and insights based on what I…
2010 Tax Relief Act Passes Senate
The Senate has passed (by vote of 81-19) the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the 2010…
Tax Breaks to Disappear in 2011?
Congress left Washington with a big pile of unfinished tax issues still on the table. Under tax laws enacted in the past…
Helping Elderly Parents in Dealing with the IRS
Brian Dooley, CPA in his International Tax Counselor’s Blog, recently authored a helpful post on the use of IRS Form 56, Notice Concerning Fiduciary Relationship,…
IRS Guidance for Executors of 2010 Estates
Given the new basis reporting requirement for the estate of decedents dying in 2010, these new FAQ from the IRS are welcome…
Income Taxation of Estates – a Brief Overview
In North Carolina it is not uncommon for persons to handle administration of a decedent’s estate without hiring a lawyer or an…
A QTIP is Not Just for Your Ears
Estate planners love acronyms, and one of the most common when referring to a particular type of trust is QTIP, which stands…
