by Trust Counsel | Sep 28, 2020 | Asset Protection, Business/ Corporate Law, Estate Planning, Family, Financial, Income Tax, Liens/Debt, Probate, Uncategorized
Although you may have just filed your 2019 income taxes in July, now is the time to start thinking about your 2020 return due next April. While it’s always a good idea to be proactive when it comes to tax planning, it’s particularly important this year. In addition to...
by Leslie Marenco | Jan 22, 2016 | Articles, Liens/Debt, Real Property / Real Estate
As our parents and other loved ones age, they may need a little more attention from us. Parents, grandparents, aunts and uncles, or even neighbors who are aging may want to be seen as strong and independent. Often, however, their abilities to take care of household...
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 18, 2014 | Articles, Celebrity Estates, High Net Worth, IRS, Liens/Debt
MC Hammer was at one point in time the biggest rap artist on the planet. Now two decades later, MC Hammer is probably more famous for his tax issues – which seem to be never ending. It goes to show you, the Internal Revenue Service doesn’t quit when it comes to...
by Leslie Marenco | Aug 16, 2014 | Articles, Celebrity Estates, Income Tax, IRS, Liens/Debt
Adding to the ongoing list of Rappers that apparently have money for mansions, women, and jewelry (apologies for the stereotype) but not to hire an accountant or a lawyer, Lil Wayne’s (whose real name is Dwayne Carter) tax troubles have reached an all-time high...
by Leslie Marenco | Aug 16, 2014 | Articles, IRS, Liens/Debt
When you fail to pay your tax debt, the government may impose a federal tax lien. This lien protects the government’s interest in all of your property while the debt is owed. The types of property subject to the lien include real estate, personal property, and...