Harry W. Laughlin III (Wis)

Harry W. (Wis) Laughlin III
Wis is a 2017-23 Super Lawyer in Taxation, former IRS tax attorney and Accredited Estate Planner, AV Preeminent 5/5 on Martindale.com.
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Author Archives: Wis Laughlin
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
Posted in Businesses, What's New?
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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
Posted in Real estate, investing, What's New?
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Real Estate, Investments May 2018
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?
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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
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INDIVIDUAL TAX PLANNING May 2018
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?
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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?
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How does Tax Reform affect you in 2018?
a short summary of the 2018 tax law after Tax Reform Continue reading
Tax Reform Business: January 2017
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
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
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?
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