by Leslie Marenco | Aug 20, 2014 | Asset Protection, IRS, Real Property / Real Estate
As illustrated by a recent tax lien case Gregory v. United States Department of the Treasury – IRS, everyone buying a piece of real property should use a reputable real estate Attorney to conduct a title search (and purchase title insurance) to avoid these...
by Leslie Marenco | Aug 18, 2014 | 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 18, 2014 | Income Tax, Real Property / Real Estate
Whether you have a lakeside cabin in Maine, or a ski house in Colorado, owning a vacation or second home can be a wonderful thing. It also could earn you some extra money if you rent it when you’re not there… but if you’re not careful, it also could...
by Leslie Marenco | Aug 16, 2014 | 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 12, 2014 | 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...
