Establishing Florida as your Domicile

Establishing domicile is a two-step process, including creating yourself as a Florida resident and abandoning the designation of “domicile” in your former state.  While most people focus on the “establishing” domicile in Florida, in a majority of cases the concern...

What is Medicaid and How can it Help Me?

Although Medicare and Medicaid are both household words, many people confuse the two. There are significant differences between these programs and anyone caring for their loved ones should understand the basic differences and how Medicaid in particular can help you....

American Taxpayer Relief Act of 2012

In the early hours of 2013, Congress passed, and the President signed, the American Taxpayer Relief Act of 2012 (the “2012 Tax Act”), leaving most of our clients asking the question, how does the 2012 Tax Act impact my income and/or estate tax planning? Estate and...
Tax Law Changes Scheduled January 1, 2013

Tax Law Changes Scheduled January 1, 2013

Beginning January 1, 2013, a new 3.8% Medicare tax will take effect, while at the same time many of the tax cuts and incentives passed over the past several years are scheduled to “sunset” on December 31, 2012 if Congress fails to take any action after the...

Taxes on Investment Income Are Coming!

As you may recall, the 2010 Health Care Bill included an additional 3.8% “Medicare Tax” tax on net investment income, commencing on January 1, 2013. This new “Medicare Tax” will be imposed on taxpayers with adjusted gross income in excess of $250,000 for married...
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