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ron7732
Nov 26, 20193 min read
Can you divide retirement accounts in divorce without suffering tax penalties?
Dear Client and Friends, There is a common perception that divorcing spouses must liquidate retirement accounts for the purpose of...
ron7732
Jan 10, 20191 min read
Buy or rent and our new Standard Deduction tax law
Dear Clients and Friends, Our new tax law doubles the standard deduction to $12,000 for an individual filer and to $24,000 for a married...
ron7732
Mar 29, 20182 min read
Short-term rentals (like Airbnb) can create tax issues
Dear Clients and Friends, If you lease your home to someone for a week or two through Airbnb or any other short-term rental service, do...
ron7732
Mar 22, 20183 min read
Alimony and more under our new tax act
Dear Clients and Friends, The new tax law passed by Congress late last year and signed into law by the President on December 22, 2017...
ron7732
Mar 8, 20183 min read
How long should you hold on to tax records?
Dear Clients and Friends, As a former IRS attorney and with 40+ years in private practice, we continue to represent clients at all levels...
ron7732
Jan 11, 20182 min read
Alimony (aka Spousal support) and our new Federal tax laws
Dear clients and friends, As many of you know, a comprehensive tax law was just passed by Congress and signed into law by the President....
ron7732
May 24, 20172 min read
Current IRS rules if you buy real estate from a foreign owner
Dear Clients and Friends, As a former IRS Attorney and Supervisory Attorney with the SBA (Small Business Administration) our offices...
ron7732
Dec 15, 20165 min read
Handling your deceased parents’ Living Trusts
Dear Clients and Friends, As a former IRS attorney I was specially assigned to the Estate and Gift Tax division and in my 4+ decades of...
ron7732
Sep 22, 20161 min read
Estate Planning and One’s Added Peace of Mind
Dear Clients and Friends, Many persons only get around to having a documented estate plan at the proverbial last minute, i.e. elderly and...
ron7732
Aug 31, 20163 min read
How Long Should You Hold On To Tax Records?
Dear Clients and Friends, As a former IRS attorney and with 40+ years in private practice, we continue to represent clients at all levels...
ron7732
Jul 28, 20162 min read
Family Trust Could Prohibit Beneficiaries From Going To Court
Dear Clients and Friends, When setting up trusts for children, grandchildren and other family members, one has a greater ability to limit...
ron7732
Jul 14, 20161 min read
New rules if you buy real estate from a foreign owner
Dear Clients and Friends, Did you know that if you buy real estate in the U.S. from a foreign owner, you may have to withhold a chunk of...
ron7732
Apr 13, 20162 min read
You and your business entertainment deductions
Dear Clients and Friends, As a former IRS Attorney we continue to represent clients before the IRSÂ and in the Courts, regarding their tax...
ron7732
Nov 26, 20153 min read
Taxes on gambling winnings
Dear Clients and Friends, Hitting the jackpot while gambling may feel a lot more like manna from heaven than remuneration for a good...
ron7732
Oct 29, 20152 min read
Short-term rentals (such as Airbnb) can create tax issues
Dear Clients and Friends, If you lease your home to someone for a week or two through Airbnb, HomeAway, FlipKey, or some other short-term...
ron7732
Jan 22, 20152 min read
Retaining tax records?
How long one needs to retain tax records is an FAQ and although there are general rules, they are general and your personal understanding...
ron7732
Jun 5, 20142 min read
Untitled
Dear Clients and Friends, In this message we are addressing frequent areas of inquiry regarding past due tax obligations. Some key...
ron7732
Apr 15, 20141 min read
IRS has new woes – but they’re still your foes.
Dear Clients and Friends, The below link is to a recent AP article on the current status of the IRS. http://hosted.ap.org/dynamic/stories...
ron7732
Oct 18, 20132 min read
Taxes on Gambling Winnings
Hitting the jackpot while gambling may feel a lot more like manna from heaven than remuneration for a good day’s work, but as far as the...
ron7732
Mar 13, 20132 min read
Discharging Taxes in Bankruptcy
If you need to discharge tax debts, Chapter 7 bankruptcy is generally your best option. However the particular taxes must qualify for...
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