Norris Lozano What’s Happening at the IRS? Photo by Sean Lee on Unsplash Recent changes at the Internal Revenue Service (IRS) have altered its operational capacity. As part of the Trump Administration restructuring effort, the IRS has experien...
Rick Durfee What is the U.S. Sovereign Wealth Fund? Photo by Aditya Vyas on Unsplash President Donald Trump has proposed the creation of a U.S. sovereign wealth fund (SWF) —a concept that has sparked considerable debate, both positive and negative. A s...
Michael J. Koberlein What Is FICA Tax? The Federal Insurance Contributions Act (FICA) tax constitutesa mandatory payroll tax that funds Social Security and Medicare programs in the United States. These programs provide financial support to...
Durfee Law Group Student Loan Forgiveness and Taxes As seasoned tax attorneys, we've seen how legislative shifts can create both opportunities and challenges for taxpayers. The recent changes in federal student loan forgiveness programs are no exceptio...
Michael J. Koberlein Top Tax Deductions to Maximize Your Refund in 2025 If you are like the tax attorneys at Durfee Law Group, maximizing your tax refund in 2025 is likely at the top of your mind. Knowing which deductions to claim can make a significant difference in the ...
Rick Durfee Trump Tax Plan Preview When discussing taxes and policies, questions aboutPresident Donald Trump’s approach often come to the forefront. Why did Trump push for tax cuts for the wealthy? And are American tax dollars funding ...
Norris Lozano F1 Racing and U.S. Tax Implications: Behind the Scenes for Super Fans At Durfee Law Group, we are tax lawyers and tax planners at heart. It’s in our nature to think about the world through a tax focused lens—whether it’s crafting estate plans, advising on corporate stru...
Michael J. Koberlein High Net Worth Estate and Tax Planning: Understanding High Net Worth Estate Planning Estate and tax planning are essential for high net worth individuals (HNWIs) aiming to preserve wealth, minimize tax liabilities, and secure a lasting lega...
Durfee Law Group THE LIFE INSURANCE LLC: A POTENTIAL SOLUTION TO THE BUY-SELL TAX BASIS CONUNDRUM Life Insurance LLC A "Life Insurance LLC" can creatively address the problems business owners face when developing a buy-sell agreement. Buy-Sell Agreements have several hurdles: Death benefits funded...
Durfee Law Group Lottery Winner Now What I Won The Lottery, Now What? We have represented many lottery winners over the years. If you are a lottery winner, "Now what?" is the question on your mind. We approach this question with our clients ...
Durfee Law Group Navigating the IRS’s New Focus on High-Income Filers The IRS’s attention on high-income filers has sharpened in recent years, fueled by increased funding and a renewed commitment to address tax compliance at the highest income levels. For high-income in...
Durfee Law Group How does Tax Planning fit in with Dynasty Estate Planning? “The Only Two Certainties in Life are Death and Taxes” –Mark Twain –Benjamin Franklin This old adage made profound by Benjamin Franklin and made famous by Mark Twain (Samuel Clemens), still holds true...
