The Blum Firm

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If You Own a Business, Here’s a Way to Save Taxes

Tax savings advice from K&A friend Marvin Blum, The Blum Firm PC: IF YOU OWN A BUSINESS, HERE’S A WAY TO SAVE TAXES   If you own a business, here’s an idea to save taxes.  To qualify, (1) you have to own a business that is taxed as an S Corp, and (2) you have […]

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2012 is the “Perfect Storm” for Estate Planning

From our friend, Marvin Blum, of The Blum Firm, PC: ********************* 2012 IS THE “PERFECT STORM” FOR ESTATE PLANNING   The gift tax exemption is at a historical high of $5,120,000 at the same time that the gift tax rate of 35% is the lowest rate in almost a century! The gift tax exemption is […]

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Important Tax Alert

From friend of the firm, Marvin Blum, The Blum Firm, PC: IMPORTANT TAX ALERT! Although we have been hoping that there would be no major tax law changes until December 31, 2012, we are now concerned that significant changes could take effect before the end of 2011. Last month, Congress voted to increase the nation’s […]