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Taxesq – IRS Audit and Business Tax Estate Attorney Cherry Hill NJ

by | May 19, 2003 | Uncategorized

Next year, the U.S. Treasury a popular tax shelter for holders of U.S. Savings Bonds.

Starting in mid-2004, the Treasury will stop issuing Series HH bonds.

As a result, bondholders will no longer be able to roll over their Series E and Series EE bonds into Series HH bonds.

So they’ll no longer be able to postpone the tax that’d otherwise be due on all the interest accumulated on their old Series E and EE bonds.