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Tag Archives: Tax Planning
A Review of Higher Taxes in 2013: Happy New Year!
Alright, I admit that the New Year’s salutation is rather robbed of its traditional cheer when prefaced by a reminder of the higher taxes in 2013, but a spoonful of irony helps the medicine go down. And yes, I concede … Continue reading
Estate Taxmageddon Series, Part I: Why You Need to Plan Before Going Over the 2013 Fiscal Cliff
What do Congress and Hugo Chavez have in common? A 10 percent approval rating. That’s right, America likes it’s own elected representatives as much as the revolutionary socialist president of Venezuela. To put that in perspective, the IRS – as … Continue reading
Posted in Estate Planning, Estate Tax
Tagged Congress, Estate Planning, estate tax, Fiscal Cliff, gift tax, government, politics, Retirement Planning, Tax Planning, Taxmageddon
8 Comments
Estate Tax Reduced for Maryland Farmers by “Family Farm Preservation Act”
On May 22, Governor Martin O’Malley signed into law a bill that many of you may have already heard about. Chapter 448, or the “Family Farm Preservation Act of 2012,” aims to ease the estate tax burden on the survivors … Continue reading
Posted in Estate Planning, Estate Tax, Retirement Planning, Small Business Anonymous, Tax Planning
Tagged Agriculture, business, business succession, business transition, chapter 448, Delmarva Peninsula, Estate Administration, Estate Planning, estate tax, Exemption, Family Farm, Family Farm Preservation Act, Farm, Real Estate, small business, Tax exemption, Tax Planning
3 Comments
Highlights of the New Estate, Gift and Generation-Skipping Tax Legislation
On December 17, 2010, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. This legislation had some surprises for those who had been following the process. In addition to extending unemployment benefits, … Continue reading
Posted in Estate Planning, Estate Tax, Retirement Planning, Tax Planning
Tagged Estate Planning, Tax Planning
3 Comments
What does the new tax law means for you?
President Obama signed the new tax law on Friday. A number of pundits are writing about it’s impact on the average person. This post by the Associated Press is just one among many. It does offer a great starting point … Continue reading
Posted in Business Law, Estate Planning, Tax Planning
Tagged Business Law, Estate Planning, Tax Planning
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