FORBES – Tax hikes hit trusts hard – beneficiaries pull money out before March 2013

 

The Internal Revenue Service allows a 65-day grace period (through March 6, 2013 this year) to take distributable net income out of the trust and treat it as distributed in 2012.

 

http://www.forbes.com/sites/ashleaebeling/2013/01/09/tax-hikes-hit-trusts-hard-beneficiaries-pull-money-out/?goback=.gde_3694878_member_202949121

 

Canadian Tax Shelters Offer No Refuge from Uncle Sam.

http://www2.canada.com/news/canada/featured+letter+canadian+shelters+offer+refuge+from+uncle/7818820/story.html?id=7818820&p=1&goback=.gde_3694878_member_204774207

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January 10, 2013 · Jennifer · No Comments
Tags: , , , , , , ,  · Posted in: Tax Hikes, TAXES

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