2012 Tax Rates

The IRS has set out the inflation adjusted tax rates for 2012 in Rev. Proc. 2011-52.  http://www.irs.gov/pub/irs-drop/rp-11-52.pdf. ...

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Gift Tax Exclusion

The annual gift tax exclusion remains the same in 2012.  For calendar years 2011 & 2012, you may gift up to $13,000 each year to...

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