Posted by taxguru on October 28, 2005
Four Key Factors to Consider When Hiring a Listing Real Estate Broker – Some good ideas for finding someone who is competent to help you sell your type of property.
Small-Business Owners Aren’t Saving Enough – I’ve never been a big fan of saving lots of cash or considering anyone who doesn’t to be unprepared for retirement if they have instead used that money to invest in their business or in quality assets, such as real estate. Selling off one’s business for either cash or monthly payments can produce much more retirement income than any cash type savings. Ditto for real estate.
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Posted by taxguru on October 28, 2005
For those who have been hesitant to rely on the computations by outsiders as to the 2006 Federal tax rate schedules and other things that are adjusted annually for inflation, IRS has released its official calculations. As this announcement mentions, the annual gift tax exclusion will be raised to $12,000 as of 2006, just as predicted by the wizards at CCH a month and a half ago.
Full IRS schedule – 19 pages pdf
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Posted by taxguru on October 28, 2005
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Tax Guru - Ker$tetter Letter 