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S To LLC As A Fiscal Cliff Acceleration Strategy ?

S To LLC As A Fiscal Cliff Acceleration Strategy ?

I hate to plan for “might be” tax changes.  Nonetheless, the situation we find ourselves in now requires it. There is a decent chance that there will be game changing tax legislation.  It will probably not be on the scale of the Tax Reform Act of 1986, but...
Joint Returns Need Warning Labels

Joint Returns Need Warning Labels

Theresa Karam was denied innocent spouse status by the Tax Court and has lost on appeal to the Sixth Circuit.  There is a very interesting twist to her case.  Her failure to get innocent spouse status was cushioned by the lawsuit that she won against her accountant.  ...