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Houston police tracked the Buick LaCrosse from its sale to its fiery destruction, leading to the identification and arrest in the road rage death of a teen Astros fan. Gerald Williams was taken into custody Monday after surrendering downtown at the Houston Police Department headquarters. Williams was charged last week in the death of 17-year-old…Continue…Continue readingSuspect in Shooting Death of Teen After Astros Game Surrenders The post Suspect in Shooting Death of Teen After Astros Game Surrenders appeared first on Kreig Mitchell LLC – Texas Attorneys.…
The IRS shifted its focus to international issues about ten years ago. This included having the penalty group within the IRS’s Small Business/Self-Employed division focus on international reporting penalties. This is in addition to the Treasury’s FBAR filing requirements. The SB/SE division’s focus on penalties started with a few penalty notices. The number of these…Continue…Continue readingForeign Trust Owner Liable for 35% IRS Penalty The post Foreign Trust Owner Liable for 35% IRS Penalty appeared first on Kreig Mitchell LLC – Texas Attorneys.…
The number of lab-confirmed COVID hospitalizations in Texas broke 4,000 on Friday for the first time since March, a worrying sign of the pandemic’s quick resurgence since the Delta variant was discovered in the state. The milestone comes amid rising COVID cases and hospitalizations across the country, especially in states with below-average vaccination rates. Dr.…Continue…Continue readingCOVID Hospitalizations in Texas Hit 4,000 for First Time Since March The post COVID Hospitalizations in Texas Hit 4,000 for First Time Since March appeared first on Kreig Mitchell LLC – Texas Attorneys.…
Our tax laws make a distinction between income and losses attributable to capital assets. The distinction draws a line in the sand. Assets that are capital produce capital gain and losses. Other assets do not. This in turn has a number of other impacts, such as on the timing of when income and losses are…Continue…Continue readingInvestment vs. Business Tax Losses The post Investment vs. Business Tax Losses appeared first on Kreig Mitchell LLC – Texas Attorneys.…
Conroe Independent School District students are set to return to class on Aug. 11. But as students return, the strict COVID-19 mandates of last year will not, and the district won’t be able to mandate that students positive with COVID-19 stay home to isolate. The district laid out the main tenants of its Roadmap to…Continue…Continue readingConroe ISD Won’t Keep COVID-Positive Students Home The post Conroe ISD Won’t Keep COVID-Positive Students Home appeared first on Kreig Mitchell LLC – Texas Attorneys.…
How much time do you have before the statute of limitations bars a Will from being probated? If it has been more than four years since the decedent passed, can I recover my interest from their estate? Who can probate a Will after the fourth anniversary of the testator’s death? The case of Ferreira v.…Continue…Continue readingHow Long do I Have to Probate a Will in Texas? The post How Long do I Have to Probate a Will in Texas? appeared first on Kreig Mitchell LLC – Texas Attorneys.…
Many taxpayers get behind in paying the IRS as a result of IRS audits. Others have tax balances as they are self-employed or contractors and they simply do not make estimated payments. There are others who owe tax as they instruct their employers to withhold too little income tax from their paychecks. The IRS has…Continue…Continue readingIncreased Tax Withholding & the IRS’s Lock-in Letter The post Increased Tax Withholding & the IRS’s Lock-in Letter appeared first on Kreig Mitchell LLC – Texas Attorneys.…
It is common to see family members reach an informal agreement as to how to handle the estate when a family member dies. These informal agreements often lead to disputes and end up in probate litigation. This is especially true when it comes to real estate. Family members may put off dealing with real estate.…Continue…Continue readingUsing an Affidavit of Heirship as Evidence of Ownership of Real Estate The post Using an Affidavit of Heirship as Evidence of Ownership of Real Estate appeared first on Kreig Mitchell LLC – Texas Attorneys.…
The IRS has a limited period of time to conduct audits. It often fails to finish the audit within this period of time. There are even instances where the IRS does not even start the audit until after this time period has passed. This raises tough questions for taxpayers. Taxpayers expect some finality with their…Continue…Continue readingAdequate Dislcosure to Avoid Six Year IRS Statute The post Adequate Dislcosure to Avoid Six Year IRS Statute appeared first on Kreig Mitchell LLC – Texas Attorneys.…
On Tuesday of this week, an anonymous San Antonio resident won $1 Million on a scratch off lottery ticket purchased at a local convenience store. To learn more about the prize and statistics of winning these kinds of prizes, visit this KENS5 article.  If you won the lottery today, what would you do with the…Continue…Continue readingSan Antonio Resident Wins $1M Lottery Prize The post San Antonio Resident Wins $1M Lottery Prize appeared first on Kreig Mitchell LLC – Texas Attorneys.…