Harry W. Laughlin III (Wis)
Wis is a former IRS tax attorney, once employed in the IRS National Office in Washington, DC. For more than thirty-five years, his peers have awarded him the highest ranking in Martindale Hubbell. See About Me below.
Category Archives: What’s New?
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
EASY AND EFFECTIVE? I discussed in the last WealthWISe how my approach to estate planning is a quicker less stressful process. So there is no reason to put it off. In fact, if you have a will or a trust … Continue reading
WHEN IS A DORMITORY A TAX SHELTER? Let’s say that your “child” is a sophomore in college and you are tired of paying rent for his apartment. What can you do? If the ave you considered buying a place for him to … Continue reading
Are you one of the people who delay when it comes to estate planning, seeing it as too complicated and presenting unrealistic goals. It doesn’t have to be that way! If you have estate planning documents drafted prior to 2012, it … Continue reading
Are you afraid to sell that property? Clients often come to Wis, worried about their tax liability if they sell a property. They are right to worry. If you have depreciated a property for a number of years or have … Continue reading
Avoid large refunds or amounts due. A large refund means the Government had your money all year, interest-free. A large amount due invites penalties and can be more than an inconvenience. The tax rules are designed to give an employee … Continue reading
Services you won’t get elsewhere. As a former in-house attorney, Wis can help you with contracts and with taxes. Wis gives you personal attention when preparing your tax return and that can save you thousands of dollars? How does Wis differ … Continue reading
Want to waste your retirement plan? A favorite client recently retained me after his mother’s death to help him settle her revocable living trust (RLT). His father died shortly before. My client was the trustee and sole heir under the … Continue reading
As a former Chief Counsel and CFO, I often act as a one-stop source of tax, legal and estate advice for my small business clients. Many tax newsletters this time of year are obsessed with year-end tax planning. I will … Continue reading