Posts Tagged ‘federal taxes’
An Introduction to High-Net Worth Estate Planning
Estate planning is an important concern for anyone who desires their affairs be handled according to their wishes after their death. Planning for high-net worth individuals and families is complex and dependent upon the particular desires of the family. High-net worth estate planning should be handled carefully, so that your estate, which you’ve worked hard…
Read MoreAnother Estate Tax Deadline Looming
By November 15, 2011, an important estate planning decision must be reached: either opt to have the imposed federal estate tax rate reached last year by President Obama and Congressional Republicans, or opt out. If you opt-in, then assets on your estate are subject to a 35% tax rate after the first 5 million dollars;…
Read MoreHaste Makes Waste: How to Earn a Higher Tax Refund
When the deadline to file Massachusetts state taxes and federal taxes begins to loom, many people overlook many deductions that could earn them a higher refund. The most overlooked deductions, according to the Boston Globe article, are child care expenses. In order to qualify both spouses have to work; if they do, they can claim the costs…
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