Philip Seymour Hoffman’s Life and What We Can Learn From His Tragic Death By: Barry E. Haimo, Esq. February 5, 2014 Facts: Philip Seymour Hoffman died on February 2, 2014, in his West Village, New York City, NY apartment in what appears to be a heroin...
Which is better for taxes: LLC or S corporation By: Barry E. Haimo, Esq. December, 13, 2013 It goes without saying that you want to form the most appropriate business entity for your business, legal, tax and accounting needs. Tax is just one...
Victory! Married Same-Sex Couples Gain Equal Tax Benefits Two months after the Defense of Marriage Act was struck down, the Treasury department ruled that legally married same-sex couples will be characterized as married for federal tax purposes. This decision is...
5 Mistakes to Avoid in Connection With Your Life Insurance Policy or Policies Life insurance represents a fantastic tool for most people to utilize in planning their estates. It’s very helpful in tax planning because it offers a way to leverage your money...
The Problem With Self Diagnosis By: Barry E. Haimo, Esq. September 14, 2022 I meet regularly with clients and prospective clients. When I ask if they have an estate plan, a common response is that they don’t need one because they lack sufficient assets. At the...