Among the tax breaks extended by the 2010 Tax Relief Act, the temporary exclusion of 100% of gain on certain small business stock can be extremely beneficial, given the right set of facts. For 2010, a taxpayer may exclude all… Read More
With all the buzz of Roth conversions, there are some additional items to consider that have become law during 2010. One of these is the 3.8% investment tax set to take effect in 2013. It might seem bizarre to be… Read More
Late December 16th, 2010 the House of Representatives passed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 and President Obama is expected to sign this bill. The bill sets the gift, estate and GST exemptions at… Read More
With the year end approaching, have you considered converting your traditional IRA to a Roth? With the uncertainty of tax rates, 2010 may be the right year for your conversion. As you look at your 2010 tax picture, you should… Read More
The Small Business Jobs Act of 2010 provides several tax benefits to small businesses. The law became effective on September 27th and the liberalization of general business tax credits is one of the noteworthy components.
If your business qualified for… Read More