Estate Plan Anxiety?? Join the Club…

In Estate Planning by Daniel Friedel

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 CPA…but worse.  Your CPA only …

Income Tax Planning Basics for 2010

In Tax Planning by Daniel Friedel

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 numerous other tax benefits that …

2010 Federal Tax Rates

In Tax Planning by Daniel Friedel

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: The tax is: Not over …