Author Archives: Wis Laughlin

About Wis Laughlin

I help clients with tax preparation and IRS representation, estate planning, and complex contracts, including LLC's. As a former IRS tax attorney in their National Office. Law.com picked Wis in 2017 and several prior years as one of the Top Tax and Estate Lawyers in Tennessee. I am your advocate, not your accountant. I don't tell you what you can't do. I show you how to do it.

REVOLUTIONARY ESTATE PLANNING

Why use my RLT Package as opposed to someone else’s. Simple. Normally estate planning is difficult and expensive. Not mine. My estate planning system is so easy and effective that it is revolutionary. Why? EASY & EFFECTIVE: EASY FOR THE … Continue reading

Posted in Uncategorized

MIND YOUR BUSINESS 2018_5

A reminder. As a former in-house counsel, I can advise you on business transactions! In fact I am working on two business sales even as we speak. TAX REFORM. Much of what I said about withholding above applies as well … Continue reading

Posted in Business Law, Taxes, What's New?

Real Estate, Investments ww2018_5

TAX REFORM Individual landlords and partners owning real estate should qualify for the new 20% deduction from Qualified Business Income. See the business article above. In the future I hope to have some examples for readers. Meanwhile Installment Sales and … Continue reading

Posted in Real estate, investing, What's New?

Mind Your Business WW2018_5

Full service: reminder. As a former in-house counsel, I can advise you on business transactions! In fact I am working on two business sales even as we speak. TAX REFORM. Much of what I said about withholding above applies as well … Continue reading

Posted in Business Law, Taxes, What's New?

INDIVIDUAL TAX PLANNING WW 2018_5

Tax Reform – Trick or Treat Tax Reform is going to help most of my clients, but it is also going to have unexpected consequences for most everybody. To make taxes “easy and effective” for my clients I included a … Continue reading

Posted in Individual Tax, What's New?

ESTATE PLANNING WW 2018_5

WHAT DID TAX REFORM DO TO YOU? Tax Reform increased the estate and gift tax exemption for individuals to $5.6 million (up from $5.49 million). So a married couple can shelter $11.2 million between them. This means 99% of my … Continue reading

Posted in Estate Planning & Probate, What's New?

How does Tax Reform affect you in 2018?

a short summary of the 2018 tax law after Tax Reform Continue reading

Posted in Individual Tax, What's New? | Tagged ,

Tax Reform Business 2017_12

Tax Reform lowers the corporate tax rate to a flat 21% and repeals the corporate AMT. Most small to medium corporations are permitted to use the cash method of accounting. Taxpayers with domestic income from pass-throughs, partnerships, S corporations, or sole … Continue reading

Posted in What's New? | Tagged ,

Tax Reform Individuals 2017_12

Tax Reform — the Tax Cuts and Jobs Act (the Act), is effective in 2018 with a few exceptions. In this article, Wis explains some key provisions and makes a few suggestions to save taxes this year and next year. … Continue reading

Posted in Individual Tax, What's New? | Tagged ,

REAL ESTATE, INVESTMENTS WW2017_11

First Tax Reform and then we will get into some things you must do to help you this time of year. Tax Reform keeps the 3.8% tax on investment income for higher-income taxpayers. See my Tax Summary. Tax Reform likewise … Continue reading

Posted in What's New?