Category Archives: Uncategorized
Direct IRA Charitable Distributions
As I reported in my post of December 17, the recently passed and signed tax act contained an extension for two years (i.e., 2010 and 2011) of the provision that permits tax-free distributions to charity from an Individual Retirement Account … Continue reading
New Withholding Details Now Available on IRS.gov
Wow, the Internal Revenue Service is really on top of things. The Service today released instructions to help employers implement the 2011 cut in payroll taxes enacted by Congress last night and signed by the President this afternoon, along with … Continue reading
Tax Act Passes House Without Amendment
The deed is done. Last night the House of Representatives by a vote of 277-148 passed the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 without amendment. The Act now goes to the President for signature. I … Continue reading
Tax Bill Passes the House Without Amendment
The deed is done. Last night the House of Representatives by a vote of 277-148 passed the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 without amendment. The Act now goes the President for signature. I summarized … Continue reading
The President’s Tax Deal and Resulting Proposal
As you know, I send these newsletters out when I feel there have been changes in tax law significant enough to warrant the attention of my clients and friends. While the health care legislation earlier this year contained sweeping tax … Continue reading