September 2019 Newsletter

Say Goodbye to Kristy, Not Your Money By Lee R. Phillips, JD Please give me a little grace for a late newsletter this month.  My wife, Kristy, died unexpectedly on September 9th, and her funeral was on the 21st.  She was in her sixth year of ALS. 

Corporation/LLC State Registration Scams

Now that taxes have been wrapped up, the next deadline for many small businesses and real estate investors may be your state’s annual report on your corporation or LLC.  Some states don’t require annual reports, but many do.  For example, Florida’s annual report for corporations, LLCs, limited

Alternative Minimum Tax Changes

Trump Blows a Hole in AMT Most people don’t understand the new rules on alternative minimum tax in the new Tax Cuts and Jobs Act.  (Most people didn’t understand alternative minimum tax before the new rules, so what’s new?)  The new Trump laws on alternative minimum tax

What is a Disregarded Entity?

If you disregard something, you ignore it. The term “disregarded entity” is used quite frequently in the IRS world and in the legal world, so you’ll need to understand both aspects of the term. An entity is a legal structure that has legal rights, including being recognized