Supreme Court Justice Oliver Wendell Holmes claimed that, “Taxes are the price we pay for a civilized society.” Nevertheless, as Judge Learned Hand once observed, “Anyone may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose the pattern which will best pay the Treasury….”
There are currently a number of different kinds of federal taxes, including:
- Income tax;
- Estate, gift, and generation-skipping-transfer tax;
- Employment taxes;
- Various excise taxes.
If you have a question regarding any of these taxes, please do not hesitate to give us a call.