Now or Never? Take Advantage of Gift Tax Exemption Limits

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Don't let Taxmageddon deprive you and your beneficiaries of valuable tax saving opportunities

Unless Congress acts, at the end of 2012 a number of taxpayer-friendly provisions will expire, resulting in sharp increases in the tax burden for most Americans. Collectively, the tax hikes are being labeled "Taxmageddon" by some commentators.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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Ronald Adams
Hoopes, Adams & Alexander PLC

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