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Articles, tagged with "prime example", page 1

Taxes

Amazon & You: Internet Sales and the Long Arm of the Tax Man

24th September 2010
We all have heard or read about the plights of the states in the recent economy. Revenues from all sources are down and states are desperate to increase them. Virtually all states are becoming more aggressive in their collection efforts and many are looki...
Author: Michael J. Fleming
Taxes

Tax Credit Extended for First Time Home Buyers

23rd December 2009
Great tax professionals always keep a watchful eye on the actions of Congress and the IRS, many of which may affect your tax filings. A prime example is the extension and expansion of the first-time homebuyers tax credit President Obama signed in November...
Author: Gary Schenk
Estate Planning

No Stepped-Up Basis for Estate Inheritors of Those Dying in 2010

09th December 2009
Up until 2010, property owned by a decedent at the time of death of his death had its tax basis changed from what the decedent's basis was to its fair market value - whichever was higher. For the year 2010 - and only that year - the law has been changed t...
Author: Shane Flait