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.

Monday, November 16, 2009

Senate Working on Estate Tax Revision

After 8 years of delay, the Senate is finally considering a revision to the Estate Tax. When the Bush estate tax reduction were passed in 2001. the Pres. Bush told Congress that 8 years would be enough time for the revision of the Internal Revenue Code Estate Tax provisions. As a method of assuring Congress would get busy, the law provides for a repel of the Estate Tax for 2010. Now, after dilly-dallying for 8 years, the Democrats don't want to see the Estate Tax Revenue disappear. They are scrambling to come up with a revision.

A bipartisan group of Senators is proposing a gradual reduction of the Estate Tax rate from 45% to 35% in 2019. Also the exemption would increase to $5 mil by 2019. Full Article....

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