Articles and News

Federal Estate Tax Exemption for 2021

The Federal Estate Tax Exemption for 2021 is $11,700,000.00, an increase of $120,000.00 from 2020.  If the Decedent’s taxable estate exceeds this amount, the excess will be taxed at a flat rate of 40%.  The exemption for married couples can total $23,400,000.00 because of the “portability” option which can be used at the first death […]

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Negotiating with Oil and Gas Companies

Tips for Negotiating with Oil and Gas Companies As former project manager and attorney for companies in the oil and gas industry, McNamara | Attorneys at Law’s own Jerad Zibritosky has a few thoughts to share about how to approach negotiations with oil and gas companies. Learn about the people and companies reaching out to […]

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Overcoming Failure to Pay Employment 941 Taxes

Installment Agreements and Settlements – Offers in Compromise Over the course of years representing various businesses, I find that one of the areas which gets small to mid-sized businesses, and sometimes large businesses, in significant difficulty is failure to pay employment taxes, known as 941 taxes. When businesses become financially stressed, it is very easy […]

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