Potential
changes in the tax law next year make it a smart estate - planning strategy to give as a large of a gift now as possible.
Not exact matches
Following is a look at how blue collar workers
in a number of occupations, from food preparation workers to power plant operators, could see their
taxes change next year if the
tax plan becomes
law.
Initial estimates from the Department of Budget and Management suggest Maryland residents could pay as much as $ 680 million
in extra state
taxes next year unless the state
changes its
tax laws.
The Prime Minister will say voters face their biggest choice on the economy «for a generation» as he pledges a
change to the
law to prevent increases
in VAT, income
tax or national insurance over the
next five years
David Cameron will today pledge to
change the
law to prevent increases
in VAT, income
tax or national insurance over the
next five years.
David Cameron today pledged to
change the
law to prevent increases
in VAT, income
tax or national insurance over the
next five years.
Washington — If the House - approved
tax - reform bill becomes
law with its rule on contributory pensions intact, the measure would
change the
tax status of the vast majority of school employees who retire
in the
next few years.
However, remember that
tax laws are also always subject to
change — so there's a risk that
in the
next 6 years something could
change.
It's also crucial to understand that US estate
tax laws have
changed several times
in recent years (most recently
in December 2010) and will likely
change again after the presidential election
next year: the current
law is only valid until the end of 2012.
And
in an era of
changing tax laws, a transfer
in this year can cost more or less
taxes than a transfer
in next year.