December 2006 Posts

  • Tax Relief and Health Care Act of 2006

    The Tax Relief and Health Care Act of 2006 was passed into law this week, extending the State and Local Sales Tax Deduction, the Higher Education Tuition and Fees Deduction, and the Educator Expense Adjustment....
  • Top 10 Estate Planning Tips for 2007

    1) Last Will and Testament- Have an up-to-date, professionally prepared Will or Living Trust. Keep the original in a safe place....
  • Possible Estate Tax Changes in 2007

    The following news is from Stephanie Heilborn of the Milbank, Tweed law firm in New York City:...
  • Year-end Donation and Deduction Tips from the IRS

    From a recent IRS e-newsletter: WASHINGTON — Individuals and businesses making contributions to charity should keep in mind several important tax law changes made last summer by the Pension Protection Act. ...
  • AMT Repeal to Lead to Tax Increase?

    From the N.C. State GiftLaw eNewsletter this week: In January of 2007, Rep. Charles Rangel (D-NY) will assume the leadership of the House Ways and Means Committee. Chairman Rangel has indicated that alternative minimum tax (AMT) reform will be a high priority. ...