stock market
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
Retirement Plan Distributions – 2009
The virtual meltdown of the stock market in 2008 created a unique problem for many older taxpayers. Generally, their IRAs, as well as their 401(k) and 403(b) plans and other employer-provided, defined contribution retirement plans are subject to required minimum … read more