Posts Tagged ‘Bush tax cuts’

Now is the Time to Gift to Your Family

Thursday, July 19th, 2012

Expiring Provisions Will Cost you Big

There is a gentleman I know who started a successful business and has become a wealthy man. He always tells me that he wants to provide for  his children and grandchildren – however, he needs to wait to make sure his wife will have the money the need to live comfortably for the foreseeable future. It’s something he adds to his to-do list for the fantasy “next year.”

It’s respectable that he’s worried about the economy, and the impact it may have on his personal lifestyle. However, Uncle Sam is taking the luxury of waiting away from many people. If you’ve ever considered making a gift, there may not ever be a more opportune time. (more…)

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Isn’t Extending the Bush Tax Cuts A Temporary Fix?

Friday, December 17th, 2010

While some may be breathing a sigh of relief now that the brokered tax package has passed through Congress and is being signed by President Obama, others among us are becoming increasingly alarmed at the “temporary” nature of our tax laws – and the impact these temporary fixes will have on our long-term planning. (more…)

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