| 2011 Tax Planning |
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| Weekly Blog Entries |
| Written by Cathy Cavanagh |
| Thursday, 01 July 2010 22:43 |
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I just completed a projection for a client on whether to pay taxes on a Capital Gain in 2010 or 2011 assuming all other income stays the same. This retired couple would pay zero taxes in 2010 for around $42,000 in Capital Gains and $8400.00 in 2011 if Congress does not do anything and lets the tax code revert to the year 2000. It really would be nice if the candidates for congress would address this issue.
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