Infographic: 5 Things to Do if you Haven’t Filed your Taxes
It’s not the end of the world if you’re still scrambling to get your taxes done. Stay calm and keep in mind that this happens to millions of Americans every April. As long as you remain proactive, it’s unlikely the tax man will come banging down your...Estate Tax and Gift Tax Developments
The IRS recently announced the 2018 estate tax exemption and annual gift exclusion amounts, and both are rising due to inflation. As a background, the federal government imposes a tax at death of any US person who has at least $5,000,000, as adjusted for inflation. To...
Tax Law Lessons: The Drawbacks of GoFundMe Accounts
Originally published in the Portland Business Journal on August 24, 2016 On Oct. 1, 2015, Chris Mintz was shot seven times while trying to protect others from the gunman at Umpqua Community College in Roseburg The day after the shooting, his cousin set up a GoFundMe...
Tax Law Lessons: Mark Zuckerberg’s Charitable Pledge
Originally published in the Portland Business Journal on March 11, 2016 Mark Zuckerberg, the founder of Facebook, has pledged to put 99 percent of his stock in Facebook toward advancing human potential and promoting equality. The value of his stock currently stands at...