Apr 29, 2013
FISCAL CLIFF NOTES – CAPITAL GAINS Under the new American Taxpayer Relief Act (“ATRA”), taxpayers whose ordinary income is generally taxed at a rate below 25%, capital gains and dividends will permanently be subject to a 0% rate. Taxpayers who are...
Apr 25, 2013
Under Maryland law, retirement accounts (IRAs, 401(k)s, 403Bs, etc.) are exempt from the claims of creditors. However, the 7th US Circuit Court (Maryland is in the 4th Circuit) has recently declared that Inherited IRAs do not enjoy the same protections. While...
