Under the Economic Growth and Tax Relief Reconciliation Act of 2001, the maximum federal gift tax rate for 2010 is 35%. If Congress does nothing, the maximum rate will return with a vengence to 55% in 2011, plus an additional 5% surtax for taxable transfers over $10 million until the benefits of lower brackets are phased out.
On this week’s interview on Financial Insider Weekly to be broadcast in San Jose and Campbell this Wednesday, April 28 with attorney James Quillinan we discuss the implications of the repeal of the federal estate tax for 2010,
California has enacted relief legislation for cancellation of mortgage debt relating to the acquisition of a principal residence, effective for taxable years 2009 through 2012.
Although S corporations have some disadvantages compared to partnerships and limited liability companies, they also have some important advantages.
On the Financial Insider Weekly interview to be broadcast in San Jose and Campbell this Wed, April 21 at 4:30 pm Comcast Ch 15, I discuss with Lori Greymont real estate investment alternatives other than real estate foreclosure packages or REOs
Starting tonight, April 16, Financial Insider Weekly will be broadcast in San Francisco Friday nights at 6 p.m. on Comcast and Astound, channel 29.
On this week’s interview on Financial Insider Weekly we discuss investing in real estate foreclosure pages or REOs.
On this week's interview on Financial Insider Weekly to be broadcast in San Jose and Campbell this Wednesday, April 7 we discuss hedging strategies for employee stock options, including incentive stock options (ISOs) and non-qualified stock options (NQOs).