Monthly Archives: December 2010

Unemployment Benefits for 2011?

  A temporary, 13-month extension of unemployment benefits is in effect for 2011.

Posted in General, Income Tax | 67 Comments

Estate Tax for 2011?

  A 2-year estate tax rate set at 35% with an exemption for estates valued at up to $5 million

Posted in General, Income Tax, Retirement Accounts | 4 Comments

Capital Gain Rates for 2011?

   A 2-year extension of current capital gains tax rates. (max 15%)

Posted in General | 7 Comments

Making Work Pay Credit in 2011?

“Making Work Pay” provision is dropped in favor of the 2% FICA reduction (Social Security part) to the employee from the 2010 rate of 6.2% to 4.2% for 2011.   

Posted in General, Income Tax, LLC's, Payroll Tax, Sub S Corporations | 3 Comments