Monthly Archives: December 2010

The Bush-Era Tax Cuts Live On

A holiday gift for taxpayers? After a 277-148 passage in the House and an 81-19 approval in the Senate, President Obama signed the 2010 Tax Relief Act into law on December 17, extending the Bush-era tax cuts.1Here is the impact of … Continue reading

Posted in Business Taxes, Estate Planning, Personal Taxes | Leave a comment

RMD’s to Charity Extended

President Obama signed the new tax law bill on Friday, December 17 that extends Qualified Charitable Distribution (QCD) for tax years 2010 and 2011. Individuals who are owners of a traditional IRA and are age 70 1/2 and older stand … Continue reading

Posted in Personal Taxes | 1 Comment