by Paul Labiner | December 15, 2022
Collectively, Americans lose millions of dollars and troves of invaluable personal data to scams. Tax season, in particular, is prime time for scammers, fraudsters, and those looking to make a quick buck at someone else’s expense. Scams are definitely not a new...
by Paul Labiner | November 13, 2022
Every year the IRS and similar agencies make adjustments to important figures based on inflation. Given the high level of inflation at the moment, these updates may be larger than normal in 2023. It is important to stay apprised of these ever-changing dynamics because...
by Paul Labiner | September 14, 2022
In every field there are words and phrases that will be foreign to industry outsiders. This is especially true of the legal world. Some words are unintelligible because they are professional terms of art with meanings that differ from the word’s use in everyday...
by Paul Labiner | August 16, 2022
If I’ve said it once, I’ve said it a thousand times: Reviewing and revising your estate plan is important. In fact, it’s almost as important as having one at all. Unfortunately, on top of the 30–40% of Americans who do not have an estate plan, there are many,...
by Paul Labiner | August 16, 2022
The federal estate and gift tax exemption is historically high—$12,060,000 per person for 2022. This number will adjust for inflation through 2025, but the relevant provisions of the Tax Cuts and Jobs Act will expire end-of-year 2025, at which point the exemption...