by mariettacp | Apr 1, 2011 | Money Tips, Tax Planning, Tax Tips
Another change to the tax code enacted by the 2010 Tax Relief Act provides exemption portability. Under the new rules, any exemption that remains unused by a spouse who dies after Dec. 31, 2010 and before Jan. 1, 2013 is available for use by the surviving spouse in...
by mariettacp | Mar 28, 2011 | Money Tips, Tax Preparation, Tax Tips
Federal Tax Form 2848 is the Power of Attorney and Declaration of Representative form. If you have any questions about completing the needed information, contact us.
by mariettacp | Mar 25, 2011 | Money Tips, Tax Planning, Tax Tips
The 2010 Tax Relief Act made some changes to the estate and gift tax. Prior to the new law, there was no estate tax, however some beneficiaries faced possible increases in their taxes due to unfavorable income tax rules. The prior law also allowed for a substantial...
by mariettacp | Mar 23, 2011 | Money Tips, Tax Planning, Tax Preparation, Tax Tips
The 2010 Form 1040 reflects a number of new tax breaks we want you to be aware of so you can take full advantage of them. Today’s post addresses changes to the tax laws regarding home-related tax savings. New to 2010 is the personal casualty and theft loss...
by mariettacp | Mar 21, 2011 | Money Tips, Tax Preparation, Tax Tips
To assist our clients in their tax preparation needs, we have included some key tax forms on our website that can be printed. Federal form W-9, which is used to a federal tax i.d., is one of the forms available.
