Category Archives: Uncategorized

What is in the new Tax Relief Act passed by Congress?

We finally got a new tax bill and now everybody wants to know what’s in it. I’m still working on digesting it myself, but if you want to get ahead of the curve, I recommend taking a look at the … Continue reading

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Do you think we’re going over the “fiscal cliff”?

Apparently in response to my post yesterday, I received a couple of questions from people as to whether or not I think Congress will let us go over the “fiscal cliff.” First let me say that I really do not … Continue reading

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What happens if we go over the “fiscal cliff”?

The American Institute of CPAs has released a Fiscal Cliff Series that provides a brief, objective  and non-partisan fact sheet on each of the following tax topics: Alternative Minimum Tax Individual Income Tax Rates Estate Tax “Extenders” Long-Term Capital Gains … Continue reading

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What is a “living will” and why do I need one?

I’m cheating a little bit this morning and writing a blog on a question I didn’t actually receive from someone, but I ran across an excellent article in the Wall Street Journal discussing the uses and limitations of living wills that … Continue reading

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I am about to sell my home for less than I owe on my mortgage and the bank has agreed to take the loss. Are there any tax consequences?

This is actually a very important issue this year because of a change in the tax laws that’s due to occur at the end of the year that will result in a loss of big tax savings on January 1, … Continue reading

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Hello Mississippi!

Welcome to My Mississippi Tax Lawyer! If you’ve ever had a question about any of the following: Federal income taxes; Mississippi income taxes; Mississippi sales taxes; IRS; Mississippi Tax Commission (or the Mississippi Department of Revenue, whichever you prefer); Wills, … Continue reading

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