Posts Tagged Irs
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Valuing Non – Cash Gifts Made During Your Lifetime
By Curt Ford Nash Nash Bean & Ford For taxpayers who have a moderate to large estates, one estate planning tactic that is often used is to make gifts during the taxpayer’s lifetime in order to reduce the value of the estate at the time of death. Making lifetime gifts also allows the perso...
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Exclude Income from Taxes
By Richard J. Schillig, CLU, ChFC, LUTCF Independent Insurance and Financial Advisor Income tax season is upon us again!! As we deal with 2011 income taxes and compile all that stuff needed to complete tax returns, we are also being inundated with lots of media coverage on the potential of vari...
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Your Social Security
By Christina Vital Manager Rock Island Social Security office LOWER INCOME MIGHT MEAN LOWER MEDICARE PART B PREMIUM If you have Medicare coverage and you pay a higher Part B premium due to your higher income, here’s some news that may be comforting during these troubling economic times. ...