19 Dec New Estate Tax Law
Here is a quick summary of the new Estate Tax rates signed into law December 17, 20102010 Estate Tax Exclusion amount: $5,000,000 Maximum tax rate: ...
Taxesq - IRS Audit and Business Tax Estate Attorney Cherry Hill NJ
18 Dec Tax Bill Signed into Law
President Obama signed the Tax Extesnion into law. This continues the tax rates for 2 more years. Unfortuantely, Congress refuses to address tax simplification and making tax reduction permanent.see: http://www.TaxEsq.com...
16 Dec What will Happen to Estate Tax
The Democrats in the House are vowing to fight the Estate Tax exemption of $5m approved in the Senate. If no action is taken by December 31, the exemption will fall to $1m. Remember, this includes proceeds from Life Insurance policies, IRA's, pension plans, homes...
26 Aug “Retreat Center” Gets Property Tax Exemption
A New York state appeals court held a center founded by a Catholic Priest, providing "spiritual renewal" to Catholics, partly by inspirational art created by visitors, is entitled to the property tax exemption denied by town officials. The court determined the group demonstrated sufficient...
02 Jul We Hold These Truths…
Thank you Founding Fathers! Please read the Declaration of Independence: https://www.taxesq.com/declaration.pdfsee: http://www.TaxEsq.com...
21 Jun IRS Going After NonProfits
Nonprofit organizations that do not file 990's can lose their exempt status. Previously, only nonprofit organizations that have more than $25,000 of income had to report. Now all month profits must report. The IRS is trying to promote the concept of this...
14 Apr IRS Focuses Audits on Smaller Businesses
Even the the return is much greater for auditing large businesses, the IRS is focusing on auditing small businesses reports Atlantic Monthly. The reason is large firms have the resources to fight the IRS and drag on audits while smaller companies do not hire the...
15 Mar Foreclosures will Increase
The Washington Post Reported:The housing market is facing swelling ranks of homeowners who are seriously delinquent but have yet to lose their homes, and this is threatening a new wave of foreclosures that could hit just as the real estate market has begun to stabilize.About...
11 Mar Government requires NonProfits to Incur Accounting Expenses
Nonprofit groups are paying a price for the corporate and accounting misdeeds of Enron, Tyco International and others nearly a decade ago.That price is manifested in increased tax-preparation and auditing fees.In simple terms, the federal government now requires nonprofit groups to provide more extensive information...
27 Feb Tax Simplification? A Bill Languishes in the Senate
The Bipartisan Tax Fairness and Simplification Act of 2010, would also eliminate the alternative minimum tax and reduce the number of individual tax brackets from the current total of six to three: 15 percent, 25 percent and 35 percent. The bill would nearly triple...