Tarley Robinson April 2011 Newsletter
Check out our April 2011 Newsletter that includes the details of our new location! We completed our move to New Town and have unpacked “most” of the boxes. Our blogging output has been a bit light the past couple of weeks as we prepared to move, but we’ll be back at it next week!
Tarley Robinson February 2011 Newsletter
February Tarley Robinson Newsletter
Topics include a discussion of email scams. Also, we’re sure that you have already made your diet or exercise New Year’s Resolutions. Hopefully you are still on track! For your homeowners association, here’s a simple, but effective and invaluable list of suggested New Year’s Resolutions.
The Proposed Tax Legislation and You
In S8721, S. Amend.4753 amending H.R.4853, there is some good news with respect to the long in limbo future of federal estate and gift tax legislation for taxable years beginning after December 31, 2010. Further, it appears that the estate and gift tax amendments are likely to pass both houses of Congress this year, though nothing is certain in the current legislative environment.
Under the proposed legislation, the amount of a decedent’s taxable estate excludable from estate tax would be $5 million. For years beginning in 2012, the exclusion amount would be indexed for inflation. While the provisions of the proposed legislation will sunset with the entirety of the proposed tax package, this time as of December 31, 2012, the inflation index provisions as to these provisions may be an indication that there exists some consensus that the estate and gift tax components of the current tax bill may represent appropriate long-term policy.