Blog

Category: Tax Controversies

Bankruptcy “Exempt” Property or “Exemption” Law

What is Exempt Property in Bankruptcy? There are several places in the U.S. Bankruptcy Code where Congress refers to “exempt property.” These words are most

July 4, 2018

IRA Minimum Distribution Rules

Many of my clients have IRAs, with large accumulated balances from a lifetime of earning and careful investment. We all want to make sure that

June 20, 2018

Gambling winnings and gambling losses

I just returned from a 341 meeting today and thought I would remind you all that it is important to correctly list gambling winnings (income)

January 23, 2018

WA State Tax

Make sure you keep good books and records for your business. See WAC 458-20-254(3)(b) and RCW 82.32.070 For instance, if you make sales within Washington

December 17, 2017

Federal Tax Changes

Corporate Tax Rate Change good for the economy Well, Christmas is almost here and it is starting to look like we will all be getting

December 16, 2017

Can I discharge tax bills in bankruptcy?

Getting behind on taxes… It is not uncommon for folks that have had past financial problems to also owe back taxes to the government. When

December 9, 2017

The Strengths of Bankruptcy

Bankruptcy is one of the most powerful tools for people that are looking up from a large pile of debt, and they have no idea

September 4, 2017

Wealth Transfer

Sometimes, you just need to move assets and wealth out of your estate like crazy. Transferring substantial sums of money can be done, and it

May 9, 2017

Will the Trump Tax Plan affect my estate plan?

I am an estate planner, so I am following the multitude of tax reform proposals that have been flowing from politicians through the campaign and

April 27, 2017

The Trump Tax Plan

I have a great interest in the U.S. Tax system. As you may have noticed, I will soon have a Master’s degree in Tax Law