Thursday, September 16, 2010

What to Expect in 2011? Who knows?

I recently read a good article in the Wall Street Journal about many of the tax changes to come in 2011. The article addresses what's ahead regarding dividend rates, individual income tax rates, capital gains rates, estate taxes, gift taxes, charitable giving, the alternative minimum tax, and various other issues. It provides some good insight as to what readers can expect. It goes without saying that the Obama administration is keeping their sights set on individuals making more than $250,000 a year. Please keep in mind that all of these issues should be considered with a tax professional before making a move.