Estate Tax Confusion Continues as of 2/13/10

Estate Tax Confusion Continues as of 2/13/10

As of 2/13/10, U.S. estate tax outcomes — (and capital gains tax for the heirs) — for taxpayers who pass away in 2010, are becoming more confusing each day Congress does not act to replace expired laws.

The following is a Wall Street Journal article on the complete mess Congress has made of the U.S. Estate tax and how we are seeing tax winners and losers based on the date of death.

Adam Smith wrote in the 1700s that a tax systems should be fair, simple and predictable. Congress has failed us on all three counts with the Estate tax…and the personal income tax…and the payroll tax…and the corporate income tax…and the excise tax…OK, I’ll stop now.

Good advice from the article:
“Experts are telling those affected to avoid irrevocable actions, like distributing or selling assets, while the situation remains unresolved.”

http://online.wsj.com/article/SB10001424052748703630404575053430667449198.html

 

We hope you found this article about “Estate Tax Confusion Continues as of 2/13/10” helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page  or our website at www.GROCO.com.  Unfortunately, we no longer give advice to other tax professionals gratis.

To receive our free newsletter, contact us here.

Subscribe our YouTube Channel for more updates.

Alan Olsen, CPA

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

 

Alan L. Olsen, CPA, Wikipedia Bio

 

 

GROCO.com is a proud sponsor of The American Dreams Show.

 

American-Dreams-Show-Accounting-firm-in-ca-cpa-tax-advisors-groco-alan-olsen

The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..

American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:

Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…

Untitled_Artwork copy 4

MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness.  It’s mission statement:

In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.

Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.

Posted in
Corporate Governance | Dr. Douglas Y. Park

Stanford’s Entrepreneurship | Douglas Y. Park

Stanford’s Entrepreneurship | Douglas Y. Park Transcript: Unknown Speaker 0:00 Welcome to American Dreams keys to success with your host, Alan Olsen. Welcome Alan 0:05 back. We’re here today with Dr. Douglas Park. He practices slot remote attorneys and teaches classes and entrepreneurship at Stanford University. Welcome to today’s show, Doctor, Douglas 0:17 thank you…

Wally Hawley on American Dreams

Wally Hawley on American Dreams

Interview Transcript of: Wally Hawley on American Dreams   Alan This is Alan Olsen American Dreams, the keys to life success where we talk about how to live the life that you want to live. Nadine And this is needing camera. What are your dreams? What do you want out of life and what define…

CA Tax Issues | Kitty Wright

CA Tax Issues | Kitty Wright

CA Tax Issues | Kitty Wright     We hope you found this interview about “CA Tax Issues | Kitty Wright” enjoyable. To receive our free newsletter, contact us here. Subscribe our YouTube Channel for more updates. This transcript was generated by software and may not accurately reflect exactly what was said. Alan Olsen, is the Host of the…

The Jelly Belly Legacy | Herman G Rowland Sr.

The Jelly Belly Legacy | Herman G Rowland

Episode Transcript of: The Jelly Belly Legacy | Herman G Rowland   Alan Welcome back. I’m here today visiting with Pam rollin. He’s the chairman of the board of the Jelly Belly company here in Fairfield, California. Welcome to today’s show. Herman Thank you, Alan. Glad to be here. Alan So tell me your background,…