Most people who are born in the United States or who purposely become citizens here know they are U.S. citizens. But many people who’ve spent their lives abroad and are citizens of other countries may be shocked to learn that...more
4/15/2013 - Dual Citizenship Estate Tax Expatriates Generation-Skipping Transfer Gift Tax Income Taxes IRS
After the close of another year, income taxes of course come to mind. While it’s clear we have to pay tax on income, there are plenty of provisions in the tax code that require federal taxes to be paid on things you may not...more
2/4/2013 - Alimony Alternative Minimum Tax Estate Tax Fiscal Cliff Forgiven Debt Gambling Income Taxes Prizes Social Security Unemployment Insurance Winnings
As part of the law passed as a last minute escape of the so-called fiscal cliff, Congress extended the Mortgage Forgiveness Debt Relief Act to the great relief of homeowners who’ve suffered foreclosure....more
1/8/2013 - Fiscal Cliff Foreclosure Income Taxes Mortgage Deft Relief Mortgages Short Sales
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