Harry W. Laughlin III (Wis)
-
Wis is a 2017 tax Super Lawyer. He is a former IRS tax attorney. For more than 35 years, he has ranked AV Preeminent See more in About Me.
Author Archives: Wis Laughlin
2018 Tax Summary
JOINT STATUS If taxable income is: The tax is: Not Over $19,050 10% of the taxable income Over $19,050 but not over $77,400 $1,905 plus 12% of the excess over $19,050. Over $77,400 but not over $165,000 $8,907 plus 22% … Continue reading
Posted in Uncategorized
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 Business Tax, What's New?
Tagged Business Tax, tax reform
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 tax, tax reform
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 Uncategorized
Estate Planning 2017_11
WANT IT EASY AND EFFECTIVE? Let’s talk about Tax Reform and then talk about what you need to do the rest of this year. Tax Reform proposes to END the federal estate tax. Finally, estate planners can concentrate on family … Continue reading
Posted in Uncategorized
Mind your Business 2017_11
MORE THAN JUST TAX SOLUTIONS Again, let’s discuss Tax Reform and then I will tell you ways to help your business the rest of this year. As a former corporate counsel and former IRS attorney, I can be your one-stop … Continue reading
Posted in Business Law, Business Tax, What's New?
Individual Tax Tips 2017_11
Let’s talk a little about Tax Reform and then get into some things you should do this time of year. Tax Reform should overall benefit individuals with lower tax rates and higher standard deductions although specifics are uncertain. It looks … Continue reading
Posted in Uncategorized
WealthWISe updates
In my e-letter, WealthWISe, I report on the latest important items in my fields. Be sure to sign up for WealthWISe so you will receive your personal copy as soon as it comes out.
Posted in Uncategorized
REAL ESTATE, INVESTMENTS WW2017_8
EASY AND EFFECTIVE TAX TIPS Avoid gain on older stocks. One of my new clients, Serena Stockholder, is a Federal Express employee and loves to buy Federal Express stock. As a result, she has stock that has been purchased over … Continue reading
Posted in Real estate, investing, What's New?
INDIVIDUAL TAX TIPS WW 2017_8
Summer is no vacation for you or is it? Tax season is never over. You have to be vigilant for tax benefits. For example, one of my favorite couples, Dr. and Mrs. Med, live in Nashville and they have three … Continue reading
Posted in Uncategorized
