Tax

Is Owning an LLC Considered Self Employed?

Attorney Thomas B. Burton answers the following question: Is Owning an LLC Considered Self Employed?

Thomas B. Burton

Jun 7, 20233 min read

Do LLCs Pay More Taxes Than a Sole Proprietorship?

Thomas B. Burton

Mar 8, 20234 min read

What Assets Should Not Be Placed in a Revocable Trust?

Thomas B. Burton

Jun 15, 20223 min read

How Are Revocable Living Trusts Taxed?

Thomas B. Burton

Feb 23, 202210 min read

How Much Can I Give Away Tax Free in 2022?

Attorney Burton discusses one of the most sought topic - How Much Can I Give Away Tax Free in 2022?

Thomas B. Burton

Feb 2, 20225 min read

How Can I Give Land to Daughter Without A Lot of Expense?

Attorney Thomas B. Burton answers the following question: "How Can I Give Land to Daughter Without A Lot of Expense?"

Thomas B. Burton

Jan 19, 20225 min read

Is Life Insurance Taxable in Wisconsin?

Thomas B. Burton

Apr 22, 20213 min read

How Much Money Can You Give Away Per Year Tax Free? | Attorney Explains

Attorney Thomas B. Burton answers the following question: "How much money can you give away per year tax free?" in the latest episode of...

Thomas B. Burton

Apr 8, 20218 min read

Estate Planning in 2021

Attorney Thomas B. Burton is joined by Attorney Matthew Underwood, of Underwood Legal, LLC, & together they discuss Estate Planning in 2021.

Thomas B. Burton

Mar 25, 202111 min read

Does Wisconsin Have an Inheritance Tax?

Thomas B. Burton

Jan 11, 20213 min read

CARES Act - New Charitable Contribution Tax Deduction for 2020

Attorney Thomas B. Burton discusses the special new charitable contribution tax deduction for taxpayers in 2020 due to the passage of the...

Thomas B. Burton

Dec 30, 20201 min read

How to Claim the Capital Gains Tax Exclusion on the Sale of Your Home | Home Sale Tax Exclusion

Attorney Thomas B. Burton discusses the steps to take to claim the capital gains tax exclusion on the sale of your home. Attorney Burton als

Thomas B. Burton

May 5, 20203 min read

How You Can Sell Your Home Tax Free

Attorney Thomas B. Burton discusses how you can sell your home and potentially owe no capital gains tax on the sale of your home as long as

Thomas B. Burton

Apr 6, 20204 min read

How Small Business Owners Can Reduce Their Taxes After January 1 But Before Filing in April

Attorney Thomas B. Burton discusses some ways small business owners can reduce their taxes after the 1st of the year, but before they file t

Thomas B. Burton

Mar 17, 20203 min read

How You Can Reduce Your Taxes After January 1st But Before You File in April

Attorney Thomas B. Burton discusses ways taxpayers can reduce their individual income taxes owed for the previous tax year, after January 1

Thomas B. Burton

Jan 7, 20202 min read

How Small Business Owners Can Legally Reduce Their Taxes Before the End of the Year

Attorney Thomas B. Burton provides advice on ways small business owners can legally reduce their taxes before the end of the current tax yea

Thomas B. Burton

Dec 17, 20192 min read

Opportunity Zones in the Chippewa Valley

Did you know that there are two Opportunity Zones right here in the Chippewa Valley? If you have significant capital gains you are recognizi

Thomas B. Burton

Jul 16, 20191 min read

What is Flow Through Taxation for an LLC?

Click here to obtain my Free Wisconsin LLC Start-Up Guide. Attorney Thomas B. Burton explains how Limited Liability Company members can...

Thomas B. Burton

Jan 3, 20192 min read

What You Should Know About Long Term Capital Gains Tax and New Basis At Death

Attorney Thomas B. Burton explains how you get one shot at new basis at death and why it is wise to not waste this opportunity to save on...

Thomas B. Burton

Sep 5, 20182 min read