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2010 Federal CPI Adjustments

Posted by taxguru on September 17, 2009

For several years now, a popular topic has been the annual inflation adjustments for those aspects of the US Internal Revenue Code that require such modifications.  Once again, CCH has made their calculations available to the public in this announcement.  As soon as I can, I will set up a new page on my website to reflect these new figures.   

Another very popular topic is the annual gift tax exemption, which can only be adjusted in even $1,000 increments.  According to the CCH report, it will remain at $13,000 for 2010.

[Update:  The 2010 rate page is up, and the Section 179 page has been updated for 2010 maximums.] 

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