In 2009-2010 we have seen a flood of new Federal tax developments, and we would like to highlight some of the more important Federal tax topics for you. As always, please give our office a call or send us an e-mail if you have any questions about these developments.
Other Changes That May Affect Your 2009 Taxes
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IRA Contribution Limits Increased to $5,000
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Gift Tax Limits Increased From $12,000 to $13,000
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Estate Tax Exclusion is Now 3.5 Million
These are just some of the many Federal tax developments so far this year. Please contact our office if you have any questions about these or other developments.