Save Your Estate

Why should the government or anyone else direct what happens with your estate assets? Why should a court, a stranger, or someone other than your choice make the medical and financial decisions for you if you become sick and incapacitated? Why should anyone other than your spouse, life partner, or the one you choose make the decisions about your illness, hospital visits, your funeral and what happens to your estate?

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Ronald J. Cappuccio, J.D., LL.M.(Tax) is a tax and business attorney practicing since 1976. Ron is a Graduate of Georgetown University, the University of Kansas and the Georgetown University Law Center. He also studied at Exeter University, UK.

Ron protects business and individual taxpayers from IRS Audits, Tax Collections (including bank levies, wage executions) and IRS Appeals. Employee vs. Independent Contractor Issues, Manufacturer, Pharmaceutical and Restaurant and Pizza audits are a special area of emphasis.

Wednesday, April 13, 2005

Will Estate Taxes Be Repealed?

Next week, Congress resumes debate over whether it should permanently repeal the estate tax imposed when people die and leave their assets to their heirs. In 2001, Congress voted to reduce the tax until it is eliminated in 2010. But it is set to return in 2011 to a maximum 55% rate with an exemption on the first $1 million of the estate. House and Senate members have proposed bills for permanent repeal, and House members could take action as early as next week. Many groups, lead by Non-profit organizations and the tax and spend politicians and big government think tanks, are trying to reinstate the full estate tax and prevent the ultimate repeal. Please see the full article.