Category Archives: What’s New?

MIND YOUR BUSINESS JUNE 2020

Small businesses are my favorite client, especially family businesses. Diane & David Bowling of Commercial Construction and Renovation, LLC , Jackson, TN, said about my tax preparation: Thank you! You truly are a “Super Lawyer.” New clients often come to … Continue reading

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

INDIVIDUAL TAX PLANNING June 2020

I WON’T KID YOU! Raising children is expensive! You cannot afford to overlook tax breaks. Here are some of my favorites. There are $2,000 and $500 child credits. There is a child-care credit for up to $600 per child up … Continue reading

Posted in Individual Tax, What's New?

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

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

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 Business Law, Taxes, What's New?

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?

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 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?

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 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 ,