J.P. Finet, J.D.

Latest Articles

• Can You Use an LLC for Estate Planning Advantages?

  FindLaw explains how a limited liability company (LLC) can be used for estate planning and the benefits an LLC provides.

• Income Tax: Fraud vs. Negligence

  FindLaw explains the difference between negligence in preparing a tax return and tax fraud, which requires an intent to defraud the government.

• Trust Fund Basics Explained

  Trust funds aren't just for the ultra-wealthy, but can be a powerful planning tool for average earners too. So what is a trust fund? Learn more by reading this FindLaw article.

• Charitable Contributions

  You can claim a tax deduction for donations to charitable organizations. FindLaw explains charitable contributions and how they can reduce your tax bill.

• The Standard Deduction

  All individual taxpayers are entitled to claim the standard deduction if they don't itemize. FindLaw explains the standard deduction and when to claim it.

• What Is a Tax Credit?

  A tax credit is a reduction in the overall tax that a taxpayer must pay the government. FindLaw explains tax credits and how they differ from deductions.

• What Is a Tax Lien?

  A tax lien is a claim attached to property due to a taxpayer's failure to pay their tax bill. FindLaw explains tax liens and options for removing them.

• When to File Taxes

  Not all tax returns are due April 15. Check out FindLaw's explanation of income tax filing deadlines and how to file for an automatic six-month extension.

• What Is the Alternative Minimum Tax?

  FindLaw explains the Alternative Minimum Tax (AMT) system, which aims to ensure that high-income taxpayers pay at least a certain amount of tax.

• What Is Gross Income?

  When figuring out what taxes you owe, it's crucially important to know what your gross income is. Learn about sources of income, deductions, adjustments, and much more at FindLaw.com.