by Leslie Marenco | Feb 3, 2015 | Articles, Estate Tax, Gift Tax, Income Tax, IRS
SORRY FOLKS! No interesting or exciting article this time! However, if you don’t procrastinate and get this done now, you will thank me later! January 15, 2015 – Deadline to pay the fourth quarter estimated tax payment for the year...
by Leslie Marenco | Dec 12, 2014 | Articles, Gift Tax, Income Tax, IRS
Not many people would view the IRS as a charitable organization, but you might if you plan your gifting appropriately – i.e., in a way that will benefit you on your income and gift taxes. Here are guidelines when gifting to charity or your own family members...
by Leslie Marenco | Oct 3, 2014 | Articles, Estate Planning, Gift Tax, Trusts
If you have grandchildren – or are getting ready to welcome one like political power couple Bill and Hillary Clinton – you know the special joy they bring. After all, you can now leave all the heavy lifting to the parents and just enjoy connecting with...
by Leslie Marenco | Aug 22, 2014 | Articles, Estate Planning, Estate Tax, Gift Tax, Income Tax, Inheritance, IRAs / 401(k), IRS, Liens/Debt
Okay, clearly we are past midyear. But now that kids are back to school things can begin to normalize again. All too often, taxpayers wait until after the close of the tax year to worry about their taxes and miss opportunities that could reduce their tax liability or...
by Leslie Marenco | Aug 12, 2014 | Articles, Estate Tax, Gift Tax, High Net Worth
With tax rates somewhat higher than in prior years based on increases in income taxes, capital gains, and the new so-called Medicare tax, (which is basically an investment income tax for those who earned more than $200,000 if single and $250,000 if married) the net...
by Leslie Marenco | Dec 13, 2013 | Articles, Estate Tax, Gift Tax, Income Tax
Everyone’s “to-do” lists seem to grow longer at this time of year, but yours is incomplete until you ask your Estate Planning Lawyer to support you to get these six tax questions answered before the end of the year: Should I defer or accelerate income? If it looks...
