Grace Allison
Year End Tax Planning – Four Important Tips For 2009
Many analysts conclude that income tax rates will rise for higher-income households by 2011. Many experts believe the capital gains rate may rise from 15 to 20 percent and foresee a new 5.4 percent surcharge on income exceeding $1 million. With those possibilities in mind, here are some strategies to consider for 2009 and 2010.
