Estate Planning – Is it Necessary?

The exemption from federal estate and gift taxes will be $11,580,00 in 2020 (increasing from $11,400,000 in 2019). As a result, many people think that they no longer need estate planning use their estate does not exceed the amount at which estate tax will be incurred. This is a classic case of the tax tail […]

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Fighting the IRS

You’re fighting the IRS, but you are uneasy and don’t know what to do. This all depends upon the type of tax and how long you have waited. In general, fighting the IRS about income taxes and estate taxes is much easier than fighting the IRS about employment taxes. In the case of income and […]

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So You’re Starting Your Own Business: Now What?

You’ve been thinking for some time about starting your own business and you have now finally decided to do so. NOW WHAT? You asked about operating as a sole proprietorship, a corporation or a limited liability company (LLC). Specifically, you wanted to know what is necessary to begin operating in any of these forms. You […]

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