Daily Archives: August 12, 2010
Will the Bush-era tax cuts be saved?
In July, Treasury Secretary Timothy Geithner said that very few taxpayers would be affected if the landmark tax cuts of 2001 and 2003 expired. “I do not believe it will affect growth, he calmly commented on ABC’sThis Week.1 Many legislators and … Continue reading
Posted in Business Taxes, Estate Planning, Personal Taxes
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Will things improve for Medicare and Social Security?
Could Medicare soon be in better shape? Maybe. At the start of August, Medicare’s trustees reported to Congress that Medicare should remain financially in the black through 2029, a 12-year improvement over last year’s estimate.1 They credited the healthcare reforms carried out … Continue reading
Posted in Business Taxes, Personal Taxes
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