Tuesday, November 22, 2011

Super Committee - Take 2

As you all know by now, the Super Committee has failed in its task regarding deficit reduction.  Politics as usual!  It now appears that there may not be any significant tax legislation, income or estate related, until after the Presidential election.  Planning in a vacuum continues.

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Six-Year Statute of Limitations

Congratulations on making it through another Tax Season!!!

Extension of Time to Make Portability Election

February AFR

Form 8939 - Allocation of Increase in Basis for Property Acquired From a Decedent

Foreign Account Voluntary Disclosure Initiative

New Foreign Financial Asset Reporting

NYS Tax Changes

Super Committee - Take 2

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