estate taxes
Don't Forget About Charity When Considering a Roth IRA Conversion
It is a special year for Individual Retirement Accounts (IRAs). In 2010 any individual, regardless of their income level, can elect to convert a regular IRA to a Roth IRA. While many people are contemplating whether or not to do … read more
What are the Benefits of "Annual Exclusion" Gifts?
Each year, you can gift up to $13,000 per donee (that is the person receiving the gift), before the gift is considered taxable. Married couples can gift double this amount, $26,000 per donee. Gifts of community property are considered as … read more
So you think that the Estate Taxes will be repealed in 2010
In 2001, as part of the Economic Growth and Tax Relief Reconciliation Act of 2001, Congress repealed the estate and generation skipping transfer tax effective for persons dying in 2010. However, after this one-year repeal the taxes are scheduled to … read more