Posts Tagged "2012 annual gift tax exclusion"

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Posted on Oct 2, 2012

* October 15 is the final filing deadline for extended 2011 individual income tax returns.  * October 15 is the deadline for undoing a 2011 conversion of a regular IRA to a Roth IRA without penalty.  * The Congressional Research Service reports that 34 million taxpayers could be hit by the alternative minimum tax this year.  * Time is running out for using your 2012 annual gift tax exclusion. You can give up to $13,000 per individual without paying any gift tax.  * The most fundamental year-end move to cut your taxes is to adjust the timing of income and deductions. See us for...

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