Contact Us Today! (866) 544-8825

Blog

Asset Protection is Common Sense

Posted by James Burns | Jan 26, 2020 | 0 Comments

A taxpayer may arrrange his business affairs in a way to minimize his taxes; and if such arrangements are not shams, the courts should be hesitant to disregard form and exalt substance. Haley v. United States, 400 F.Supp 111 (1975). Just as a taxpayer may structure his affairs to minimize ta...

529 Plan Overview after Secure Act

Posted by James Burns | Jan 17, 2020 | 0 Comments

The SECURE Act expands the definition of qualified higher education expenses to include student loan payments and costs of apprenticeship programs, leaving more options for families. The funds in a 529 can also be used to pay for room and board, books and supplies, special services, and computers...

Malta Pension Plan is it the New Protected Roth?

Posted by James Burns | Nov 14, 2019 | 0 Comments

Overview of the U.S. – Malta Tax Treaty The U.S.-Malta Income Treaty was executed in 2008 and became effective in 2011.  Article 4, paragraph 2 of the Treaty provides that a pension fund established in either the United States or Malta is a “resident” for purposes of the Treaty, allowing  all o...

CALIFORNIA HOMESTEAD EXEMPTION OVERVIEW - Toothless Grin

Posted by James Burns | Oct 17, 2019 | 0 Comments

Under California law, declared homestead exemption and automatic homestead exemption are separate and distinct protections that operate differently. In re Mulch, Bkrtcy.N.D.Cal.1995, 182 B.R. 569. Under California law on homestead exemption, automatic homestead attaches to principal dwelling o...

Menu