Month: November 2011
Estate Tax Foe added to “Super Committee”
Arizona Senator Jon Kyl will join the bipartisan Congressional super committee, which has the task of cutting $1.5 trillion from the federal…
Estate Tax Foe added to “Super Committee”
Arizona Senator Jon Kyl will join the bipartisan Congressional super committee, which has the task of cutting $1.5 trillion from the federal…
Estate and Gift Tax Bill Introduced in House
On November 17, 2011, Congressman Jim McDermott (D-WA), a senior member of the House Ways and Means Committee, introduced HR 3467, the…
Democrats to Introduce Bill to Lower Estate Tax Exemption to $1 Million
This news courtesy of Financial Advisor Nat Harris (emphasis added): House Democrats plan to introduce a bill today to extend and overhaul…
Annual SSA Earnings/Benefit Statements Ceased
In the past, each year the Social Security Administration (SSA) mailed a statement to all workers age 25 and older who were…
2011 NC Senior Fraud Booklet
The 2011 Consumer Scams and Fraud booklet issued by the North Carolina Attorney General is now available. It is geared to increase awareness of…
Death Taxes – Worst States to Die In
Here are the states with an estate and or inheritance tax, ranked from approximate highest to lowest tax burden (North Carolina has…
U.S. Citizens Living in U.K. Get Credit for Non-Domicile Fee
The IRS recently issued guidance that U.S. taxpayers living in the United Kingdom can get a credit against their U.S. income tax…
Four Common Estate Planning Mistakes
The American Institute of Certified Public Accountants (AICPA) recently published an informative article entitled Four Estate Planning Mistakes (and How to Avoid Them)….
