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TR 2-10 Dec 2010 Tax Law – Radio Interview

By March 20, 2011 No Comments

Recorded interview on KKNW 1150 am – Femme Finance with Debbie Whitlock
Broadcast January 2011

Subject: The New Tax Bill passed December 2010
“Tax Relief Unemployment Insurance Re-authorization and Job Creation Act of 2010”
(TR 2-10)

(note: these can take a minute or two for loading depending on your internet speed)

TR 2-10 Part 1 – 11 minutes

  • Introduction
  • 4 main components
    • 1. Extension of Income Tax Cuts
    • 2. $57 million extension of emergency unemployment benefits
    • 3. 1-year reduction in individual social security payroll tax rate
    • 4. 2-year reduction in estate taxes
  • Other Components of TR 2-10
  • Social Security Implications
  • Political Significance

TR 2-10 Part 2 – 11 minutes

  • Estate Taxes and the Deficit
  • Changes over the past few years
  • 2011 & 2012
    • $5 million per person inheritance exemptions for federal taxes
    • Gift up to $5 million per person

TR 2-10 Part 3 – 9 minutes

  • Review
  • Estate Tax implications and philosophy
  • Uncertainty issues going forward

 

 

 

This post is for informational purposes and does not contain or convey legal advice. The information herein should not be used or relied upon in regard to any particular facts or circumstances without first consulting with an attorney.

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