IRS Tax Support

Need a loan? In today’s lousy credit environment, securing one may not be much fun. It may not even be possible (at least at reasonable rates) — unless you have access to an untapped home equity line of credit or a helpful relative.
If you do, that’s great. If not, I’ve got a solution for anyone [...]

In traditional settlements, compensation for damages has usually consisted of a single cash payment. History has shown that this money is often unwisely managed and quickly spent, leaving no funds available to provide for future needs. Alternative arrangements know as structured settlements were created in the 1980’s. Under these arrangements the beneficiary would receive cash [...]

In recent years, a complete settlement funding industry has been created. Companies will offer to pay for the rights to receive future annuity payments under structured agreements. These companies offer customers the benefit of direct access to cash. Discounting is not free however and the costs can be quite high. The cash price they are [...]

Formally recognized by the federal government since 1983, structured settlement payments are specified in voluntary settlement agreements between and injury victims and defendant(s). A settlement payment or annuity comes as the result of a contract between a victim and a defendant whereby the injured victim receives a stream of tax-free settlement payments as an annuity [...]

Reminder: Most relatively simple estates (cash, publicly-traded securities, small amounts of other easily-valued assets, and no special deductions or elections, or jointly-held property) with a total value under $1,000,000 do not require the filing of an estate tax return.  The amount was $1,500,000 in 2004 and 2005.  For 2006 through 2008, the amount is raised [...]

Tax attorney Roni Deutch launched her blog www.RonisBlog.com in November 2006, where she posts daily blog entries on both tax topics and other topics of interest including baseball, surfing, and Hawaii. In her first featured blog entry Roni addresses a new proposal included in the President’s 2008 budget as a way to reduce the gap [...]