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.

Individual Tax Reform Headaches June ’19

Unexpected Refunds Or Taxes Due? Many of my clients ended up with unexpected refunds or taxes due for 2018. Consequently, they made poor decisions during 2018 based on having or not having those funds. It is clear that the withholding … Continue reading

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Who should prepare your taxes? June 2020

Were you afraid to prepare your return this year? Who do you trust to prepare your taxes? Can you trust the IRS? No! Recently the Taxpayer Advocate Service called the IRS toll-free helpline regarding the dependency exemptions and all the … Continue reading

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5 TOP reasons to give your family a RLT Package jUNE 2019

Why did Forbes Daily Dozen say Aretha Franklin “was a startling example of terrible estate planning” (three handwritten wills). Read more. Estate planning is not just for the rich. Estate planning is for those who are rich in love for their family. The … Continue reading

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Mind your own business Oct. 2018

This and the next WealthWISe will open your eyes and fill your pocketbook! Tax Reform is generally good news for small businesses but in most cases, you have to know about a deduction and act to qualify for it. One … Continue reading

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Individual Tax Savers, Oct.’18

Are you throwing away tax savings? I bet you are. There is a saying about taxes: “You don’t know what you don’t know.” Most clients miss tax benefits, so I pay for myself. How? I spend thousands of dollars on … Continue reading

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Real Estate Transfers at Death Oct. 2018

REAL ESTATE TRICKS AND TRAPS: I bet you can’t guess how many ways there are to transfer real estate at death. You can do it with or without a will, with a defective will, with a tenancy by the entirety, … Continue reading

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Individual Tax Planning, Sept 2018

Are you throwing away tax savings? I bet you are. There is a saying about taxes: “You don’t know what you don’t know.” Most taxpayers miss thousands of dollars in tax benefits and I find them, so I pay for … Continue reading

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REVOLUTIONARY ESTATE PLANNING

Why come to me for estate planning as opposed to someone else? The answer is simple. Let’s ignore the fact that I am one of a few Accredited Estate Planners in Memphis. Let’s focus on your experience. Normally estate planning is … Continue reading

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MIND YOUR BUSINESS: May 2018

A reminder. As a former in-house counsel for an international software company, 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 … Continue reading

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Real Estate, Investments 2018_1

TAX REFORM. Rental properties continue to have tax advantages after Tax Reform. For example, State and local taxes for businesses and rental properties remain deductible after tax reform. Likewise, properties held for more than twelve months qualify for lower capital … Continue reading

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