Is My Will Still Legal?
Will your new state recognize your existing Will? Why an estate planning attorney can help you…
Author Archive for: Timothy J. Duckworth, Jr.
Entries by Timothy J. Duckworth, Jr.
How to Save Tax on Capital Gains
New legislation allows investors with capital gains tax liabilities to receive favorable tax treatment if those capital gains are invested in Qualified Opportunity Zone Funds. The goal is to tap into the significant amount of unrealized capital gains held by investors throughout the country for use in improving low-income urban and rural communities nationwide.
Agent, Executor, Trustee….explained
The selection of agent, executor, or trustee is an important decision when preparing your estate plan. Let us explain the difference.
What if I can’t pay my taxes?
Can’t pay taxes you owe the IRS? Don’t panic. Payment options are available. Let the tax attorneys at MFDD help.
PA Tax Amnesty Program of 2017
If you owe tax to the Commonwealth of Pennsylvania, relief is on the way….from April 21, 2017 through June 19, 2017, Pennsylvania is offering a tax amnesty program. Click to learn more…
The IRS and the Other Travel Ban….
The Internal Revenue Service and the State Department have quietly taken steps to implement another less-covered travel ban.
Yet Another IRS Impersonation Scam
Reports abound of yet another IRS impersonation scam….Callers pose as IRS agents to demand tax payments on iTunes gift cards.
What Happens if I Die Without a Will in Pennsylvania?
If you fail to create an estate plan and die without a will, the Commonwealth of Pennsylvania will, in essence, prepare one for you based on the law of “intestate” succession.
Pennsylvania Eliminates Inheritance Tax on Transfers of Family-Owned Small Businesses
Pennsylvania remains as one of the few states to impose an inheritance, or so-called “death tax,” on the heirs of its deceased residents.
Affordable Care Act “Pay or Play” Provisions Delayed Until 2015
On July 2nd, the Obama Administration announced, via posts on the Whitehouse Blog and the Department of Treasury’s Treasury Notes Blog, that implementation of the Affordable Care Act’s employer mandate provisions will be delayed until 2015.