Asset preservation and estate planning may be more important than ever in today’s economy. The IMF recently observed that by the year 2016 there is a good possibility China’s economy will surpass America’s. The IMF, was formed in 1945 to help stabilize the world economy. It describes
By Lee Phillips Inheritance is the way assets are passed to your family or heirs once you have died. Assets are pretty much anything you own such as real estate, stock certificates or bank accounts. The average inheritance passed in the United States today is about $200,000.
The Child Tax Credit Reduction attacks families in the pocketbook where it hurt most, but there are still other tax reductions that can help. The Child Tax Credit is an important tax credit for families. For the last three years, it has been worth as much as
2013 Mileage Rate – Should My Car Be a Company Car? The 2013 mileage rate has been announced by the IRS. The 2013 mileage rate is up a little from the 2012 mileage rates. Using the mileage rate can help on the bottom line for taxes. It
