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Estate tax exemption

For 2009, the estate tax exemption is $3,500,000.  If the value of your estate is close to or exceeds $3,500,000, you should have a formal estate plan.  With proper planning, estate taxes could be significantly reduced and in some cases completely eliminated. In 2010, the exemption is unlimited (no estate tax), and in 2011, the exemption goes back to $1,000,000. Congess is expected  to extent the $3,500,000 exemption into 2010 sometime in December 2009. Stay tuned for updates for 2011.

 

 "America is too great for small dreams." - Ronald Reagon

Welcome to the web page of Daniel W. Anady, CPA. My hope is that this site will help you navigate the maze of complex tax laws and provide you with some resources to find answers to your questions. My mission is to provide you with expert services with integrity and personal attention. My goal is to become your trusted advisor.

 

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