Taxes

Jan 4 2011

Estate Tax Update

By Allen G. Yee Once again, Congress waited until the eleventh hour to extend, patch, and reinstate old tax laws, and once again, they made most changes temporary (generally, for two years). The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the 2010 Tax Act), signed into law on December 17, 2010, [...]

By Allen G Yee • Economy, Estate Planning, Taxes • 0

Nov 1 2010

Estate Tax Uncertainty

By Allen G. Yee What do Dan Duncan, John Kluge and George Steinbrenner have in common?  Well at the very least they were each listed in the October 19, 2009 issue of Forbes Magazine in an article titled The Richest 400 Americans and all three passed away during 2010, a year of death that is [...]

By Allen G Yee • Economy, Estate Planning, Taxes • 0

Oct 22 2010

Year-End Investment Planning Is More Challenging in 2010

If you don’t normally review your investments at the end of each year, 2010 might be a good time to start. And if year-end investment planning is already part of your routine, you might want to pay special attention this year. Why? Because significant changes in the tax code that are scheduled to go into [...]

By Allen G Yee • Economy, Investment, Taxes • 0

Oct 13 2010

Year-End Tax Planning–Special Concerns for 2010

Year-end tax planning is as much about 2011 as it is about 2010. Often, there’s a real opportunity for year-end tax savings when you can predict that you’ll be paying taxes at a lower rate in one year than in the other. For example, under the right circumstances, deferring a year-end bonus or potentially accelerating [...]

By Allen G Yee • Economy, Taxes • 0

Sep 28 2010

Getting More From Social Security Through File and Suspend

I recently held a client educational event on the subject of Social Security, during which we discussed tactics to help get the most out of your Social Security benefit.  During more prosperous times, Social Security was looked upon by many as merely a bonus and collected without much thought or planning.  However, with difficult times upon [...]

By Allen G Yee • Retirement, Taxes • 0

Sep 1 2010

Will You See Higher Tax Rates in 2011?

The year was 2001. The top marginal federal income tax bracket was 39.6%, and the tax rate that applied to most long-term capital gains was 20%. Then came the Economic Growth and Tax Relief Reconciliation Act of 2001, followed two years later by the Jobs and Growth Tax Relief Reconciliation Act of 2003. By mid-2003, [...]

By Allen G Yee • Economy, Taxes • 0

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