Jan 28, 2013
.. the deductibility of mortgage insurance premiums as qualified residence interest is now revived for 2012 and continued through 2013 (if insuring the ability to pay your mortgage is important to you, you can now also deduct the cost of the insurance...
Jan 22, 2013
The new tax law, ATRA, permanently increases the Alternative Minimum Tax (“AMT”) exemption amounts to $50,600 for unmarried taxpayers, $78,750 for joint filers and $39,375 for married persons filing separately. In addition, this change is retroactive to...
Jan 14, 2013
ATRA prevents steep increases in estate, gift and generation-skipping transfer (GST) tax that were slated to occur for individuals dying and gifts made after 2012 by permanently keeping the exemption level at $5,000,000. However, the Act also permanently increases the...
