2010 is the year of the Roth Conversion and maybe the end of lower taxes.
In 2010 there are unique Roth Conversion rules that expire at the end of the year.
With higher tax rates next year, what should you do?
Listen to my video below to find out why this is so important.
As a follow up to my video in the next blog, unless Congress passes a new tax law in a lame duck session by the end of the year, higher taxes are in your future.
Here’s the chart
Quantitative Easing ( known as QE 2 amongst friends) is coming this quarter. In my opinion, it’s being priced into the markets already.
What is it? A scheme by which the money supply is increased and hopefully starve off deflation and boost the economy.
Sorry, I’m not buying it.
CLICK FOR FULL ARTICLE – QE1 FAILED, WHY WILL QE2 WORK
CLICK FOR FULL ARTICLE – FED’S STRATEGY OF GETTING RETAIL INVESTORS INTO STOCKS VIA QE2 WILL FAIL
In the same vein as my video and article on Unresolved Tax Bills in Congress, the Estate Tax is STILL not resolved for next year.
What a disaster!
The Estate Tax exemption is about to revert to $1,000,000 again in just a few months.
Enough with all the serious tax, Roth, and estate planning talk.
How about celebrating Mr. Potato Head!
He just turned 60. Yeah!