In today's economy, many U.S. citizens and residents invest in foreign assets, open overseas bank accounts, or conduct business abroad. While these international opportunities can be lucrative, they also come…
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If you’re a foreign investor or a U.S. buyer involved in the sale of real estate properties in the U.S., particularly in high-demand areas like Manhattan, you’ve likely encountered FIRPTA—the…
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As we transition into the spring of 2024, significant changes to tax and Medicaid laws are on the horizon, affecting estate planning and long-term care strategies. At The Law Offices…
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As we navigate through our working years, the dream of retirement often dances in the distance—a time of leisure and freedom from the daily grind. Yet, the transition from a…
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In estate planning, the act of incorporating charitable giving is not merely a testament to one's generosity but a strategic maneuver with multiple advantages. At The Law Offices of Lawrence…
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As the end of the tax year approaches, it's essential to take proactive steps to minimize your tax liability and potentially save on your tax bill. This year-end tax planning…
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This guide provides an overview of the latest legislative changes that could impact your return and tax preparation tips to help you get the most out of your 2022 tax…
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As we wrap up 2021, it’s important to take a closer look at your tax and financial plans. This year likely brought challenges and disruptions that significantly impacted your personal…
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The Committee for a Responsible Federal Budget is an independent, non-profit, and bipartisan organization that scrutinizes federal budgets and fiscal plans. When it examined President Biden’s tax plans, the Committee…
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In 2017, estate tax thresholds were at $5.49 million. In 2018, the threshold more than doubled to $11.18 million and now sits at $11.7 million. This increase is currently set…
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