Taxes are scheduled to increase dramatically in 2013. The rates will be changing. See the table below. Tax Category 2012 2013 Estate and Gift Tax – Top Tax Rate 35% 55% Estate and Gift Tax Exemption $5 million $1 million Capital Gains 15% 20% Qualified Dividends 15% 39.6% Interest & Compensation Income 35% 39.6% In…
There must have been a secret mark on the front of my father-in-law’s house only visible to scam artists. He lived alone and one day bought a freezer full of fish. A month later, the same sales person sold him another freezer load of fish along with a second freezer to hold it. Then there…
By: Susan M. Graham, Attorney at Law, Senior Edge Legal, Boise, Idaho Congress has done two things that are amazing. 1.They voted to waive “insider trading” restrictions for themselves. That means they can learn news about a company before we do, and then buy or sell stocks to make a bundle of money. For everyone…
1. Create an asset to pay for a grandchild’s education. Did you know that you could pay for a grandchild’s education by planting a black walnut tree? If you plant the tree at a child’s birth and sell it when that child goes to college, you can sell it for approximately $60,000. This is according…