Many people seem to avoid estate planning either because we do not want to think about death (particularly our own) or we do not want to think about all the paperwork, emotion, and flat-out hassle involved. It’s kind of like digging out and organizing all your tax information for the year to bring to your… Continue reading Estate Plan Anxiety?? Join the Club…
Tag: 2010 tax planning
Income Tax Planning Basics for 2010
With a substantial portion of provisions in the Internal Revenue Code (Code) set to expire the end of this year, I am strongly encouraging my clients to take advantage of the current tax planning opportunities available this year. In the midst of the over sensationalized estate tax repeal and first-time homebuyer credit, the Code provides… Continue reading Income Tax Planning Basics for 2010
2010 Federal Tax Rates
INTERNAL REVENUE CODE § 1. Tax imposed a) Married individuals filing joint returns and surviving spouses – There is hereby imposed on the taxable income of— (1) Every married individual who makes a single return jointly with his spouse, and (2) Every surviving spouse, a tax determined in accordance with the following table: Taxable income is:… Continue reading 2010 Federal Tax Rates