Monthly Archives: December 2004

Paying a tax debt to the IRS

You’ve seen the advertisements, heard the cocktail party rumors. Now here’s the truth. Can you settle a big tax debt to the IRS for “pennies on the dollar”? Probably not.

Speaking Engagement: Xinjiang 2nd Advanced Public Administration Delegation

This morning I had the great fortune to speak to a group of senior-level government officials  more…

California tax amnesty

We have a new tax amnesty in California. Here’s the deal. File your application in February or March, 2005. Pay the back tax and interest. California waives the penalties. Here’s the downside: if you’re eligible and don’t apply, more/bigger penalties.

Estate planning for same-sex couples

For the do-it-yourselfers out there, or those of you who Really Need To Know, here’s a  more…

Estate of True: gaming the valuation question with buy-sell agreements

What’s the value of a family business? Unless you sell, it’s just a matter of opinion. And where there’s an opinion, there’s a tax-saving scheme. Here’s a recent case involving a family business, a buy-sell agreement, and a pinch of greed leavened with a sprinkle of wishful thinking.

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