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

January 10, 2013 · Jennifer · No Comments
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Six Months to Go Until The Largest Tax Hikes in History

Six Months to Go Until The Largest Tax Hikes in History July 1, 2010 Contact: Ryan Ellis, ATR Tax Policy Director: rellis@atr.org – Americans For Tax Reform. In just six months, the largest tax hikes in the history of America will take effect. They will hit families and small businesses in three great waves on […]

July 15, 2010 · Jennifer · 2 Comments
Tags: , , ,  · Posted in: 2011 Tax Changes, Tax Hikes, TAXES