Archive for December 2010

Unemployment Benefits for 2011?

 

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

Estate Tax for 2011?

 

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

Capital Gain Rates for 2011?

 

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

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. 

 

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