Thursday, February 9, 2012

You are here: Home >

From the daily archives:

Thursday, April 30, 2009

Futures Of AMT, Estate Tax Get Clearer

by taxnick on April 30, 2009

It just got a little easier for taxpayers to plan around two thorny bits of the Internal Revenue Code: the estate tax and the alternative minimum tax.
The Obama administration budget resolution Congress approved on Wednesday for fiscal 2010 outlines changes for these controversial levies.
It extends the estate-tax top rate of 45% on estates over $3.5 [...]

{ 0 comments }

IRS Releases New Insolvency Pub

by taxnick on April 30, 2009

The IRS has updated Publication 4681, Canceled Debts, Foreclosures, Repossessions, and Abandonments (for Individuals). I know, you’re thinking “So what?”
Well, the “So what?” is the updated worksheet for determining insolvency, found on page 6 of the Pub (and at the bottom of this post). The worksheet is a handy resource for taxpayers who have been [...]

{ 0 comments }