IRS Announces Inflation Adjustments
The IRS announced that, for tax year 2012, personal exemptions [...]
IRS Targets inter-family real estate transfers – Gift Tax issue
Whenever you give someone more than the annual (yearly) exemption [...]
Tax Agreement Reached
President Obama announced yesterday a compromise "framework" to resolve the [...]
Roth IRA – To Convert or Not, That is the Question.
Most of the time, high income individuals are not allowed [...]
Annual Gift Tax Exclusion Rises to $13,000
The annual gift tax exclusion will increase from $12,000 to [...]
Report – Temporary Measures Proposed to Stop Estate Tax Repeal
The Wall Street Journal reports that plans are afoot in [...]
New Estate Tax Bill in Senate
A bipartisan bill that would peg the estate tax to [...]
Senate Indicates Position on Estate Taxes
The United States Senate appears to have shown its support [...]
Seniors Must File Tax Return to get Economic Stimulus Check
Seniors can benefit from the new economic stimulus law enacted [...]
Don’t Mess with the IRS
My mail box is filled with tax reporting documents at [...]