Obama’s 20 Page Booklet and Offshore Tax Incentives
tekddkIn the booklet, called “The New Economic Patriotism: A Plan For Jobs and Middle-Class Security,” Obama touts his success at keeping the American auto industry [...]
IRS Releases Inflation Adjustments–gift tax exemption increased
The IRS just released various inflation-adjustments for 2013 (Rev. Proc. 2012-41, 2012-45), including:Gift Tax Exemption: $14,000 (up $1,000 from 2012)Contribution Limit for 401(k)/403(b)/457 Plans: $17,500 [...]
Year-End Gift Planning: How Valuation Clauses Can Get Around a Late Appraisal
With the abnormally high gift/estate tax exemption amounts of $5.12 million set to sunset at the end of this year, many attorneys, CPAs and tax-advisors [...]
State “Names and Shames” Top 500 Tax Delinquents
The FTB recently released its list of the state's top individual and corporate tax delinquents. In the past, the FTB only released the top 250 [...]
Debate Fact-Check: Special Tax Break For Shipping Jobs Overseas? Not Really
The accusations and statistics about taxes bandied about by both candidates last light during the first Presidential debate were somewhat astounding.One particular exchange caught my attention: [...]
How Mitt Romney’s Use of a “Defective” Trust Saves Him Taxes
A tax and estate planning attorney has a wide array of tools that can be implemented to help individuals and families save when it comes [...]