Oct 12
Welcome to TaxView with Chris Moss CPA Are you an entrepreneur with family business? Have you thought about your children and grandchildren being more involved in your business? Perhaps a Family Limited Liability Company (Family LLC) is just what you need. Properly structured for your unique situation, the Family LLC is a 21st century way …
Aug 05
Welcome to TaxView with Chris Moss CPA. Has your tax attorney mentioned that Congress could someday sooner than you might think dramatically reduce the $5 Million gift exemption ($10 Million married) to which President Obama gave his blessing in December of 2012. If you are a baby boomer thinking of retiring with substantial assets, and …
Dec 22
What a Christmas present surprise to the American taxpayer we have before us: President Obama has signed the massive tax cut bill HR 4853 known as the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. (Tax Relief Act) On December 15, the Senate passed the compromise package with an 81–19 vote, with …