2011 Tax Changes

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills
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kenbrumy
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2011 Tax Changes

Post by kenbrumy » Sun Aug 22, 2010 4:14 pm

This really isn't a political posting although I can see how it might develop from the post. That's not the intent so please don't go there with your replies.

I was talking with someone I used to work with. He's in a significant managerial position with a large company. He said that next year the value of our medical coverage will be included in our gross pay and will become taxable. Is this true?

Other than the likely demise of the Bush tax cuts and inheritance taxes coming back in at $1MM, does anyone know of anything else?

The AMT has been band-aided for years. I'm assuming something will get cobbled together again in December.

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Mel Lindauer
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Post by Mel Lindauer » Sun Aug 22, 2010 4:21 pm

Proposed legislation is not allowed until/unless it's introduced and open for public comment.

Actual actionable legislation can be discussed on a thread of it's own as long as it's not political.

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Best Regards - Mel | | Semper Fi

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