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Category Archives: Tax Law
Obama Signs Tax-Cut Bill Setting Estate Tax Exemption at $5 Million for Two
“Well everyone, the decision we have all been waiting for is FINALLY HERE! As estate tax planning attorneys, we have been waiting, and waiting, and waiting to get an answer as to what has happened to our estate tax laws. … Continue reading
Posted in Tax Law, elder law
Tagged Congress, estate tax bill, estate tax planning attorneys, Obama Signs Tax-Cut Bill
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IRS Issues Long-Term Care Premium Deductibility Limits for 2011
Social Security benefits may be stagnant, but the IRS is increasing the amount you can deduct on your 2011 taxes as a result of buying long-term care insurance. Premiums for “qualified” long-term care insurance policies (see explanation below) are tax … Continue reading
Posted in Social Security, Tax Law
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