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Dear Friends,
This firm is committed to providing quality service to its clients. This eNewsletter is one means of providing that quality service.
We hope you enjoy the new format of this eNewsletter issue, with information on several recent tax changes, payroll tax updates, possible estate tax under President Obama, and other interesting news.
We feel all our clients and acquaintances could benefit from this information. Feel free to pass this eNewsletter along to others. If you received this eNewsletter from a friend and would like to subscribe, please visit the new
website version of WHC-Law.com and enter your email address in the subscription space provided.
Please let me know if there is an area of interest that you want covered in future newsletters.
Sincerely,
Bill Copperthwaite
OBAMA PLANS TO KEEP ESTATE TAX
A reprint from the Wall Street Journal - January 12, 2009
President-elect Barack Obama and congressional leaders plan to move soon to block the estate tax from disappearing in 2010, suggesting the levy might outlive the "Death Tax Repeal" movement that has tried mightily to kill it. (read more)
TAX CHANGES IN THE EMERGENCY ECONOMIC
STABILIZATION ACT OF 2008
On October 3, 2008, the President Bush signed into law the Emergency Economic Stabilization Act of 2008 (P.L. 110-343). Although virtually all of the press coverage of this law has concentrated on its hotly debated $700 billion financial industry bailout plan, the legislation also contains scores of tax changes, mostly beneficial, for individuals and businesses alike. (read more)
TAX LAW CHANGES IN 2009
Many important tax changes go into effect in 2009 (apart from the numerous indexing changes). These non-indexing changes result from various laws that were enacted over the past few years. This article carries an overview of the non-indexing changes for individuals for 2009. (read more)
PAYROLL TAX CHANGES IN 2009
Many important payroll tax figures are changing, effective January 1, 2009
(read more)
AMERICAN RECOVERY & REINVESTMENT ACT OF 2009
The recently enacted "American Recovery and Reinvestment Act of 2009" (the 2009 economic stimulus act) contains a wide-ranging tax package that includes tax relief for low and moderate-income wage earners, individuals and families with college expenses, and home and car purchasers. (read more)
BUSINESS TAX CHANGES 2009
Key tax changes affecting business in the recently enacted "American Recovery and Reinvestment Act of 2009" (the 2009 economic stimulus act). (read more)
"MAKING WORK PAY" TAX CREDIT 2009
The centerpiece of the tax package - and at $115 billion its single largest component - is a "Making Work Pay" tax credit of up to $400 per year for individuals, or $800 per year for couples. (read more)
ENERGY TAX INCENTIVES 2009
The recently enacted "American Recovery and Reinvestment Act of 2009" (the 2009 economic stimulus act) includes a package of tax incentives to encourage investments in renewable energy projects or more-efficient technologies.
(read more)
EXPANDED COLLEGE CREDIT 2009
The "American Recovery and Reinvestment Act of 2009" (the 2009 economic stimulus act) includes a measure aimed at making college more affordable for low and moderate-income students. The new provision temporarily enlarges the Hope tax credit (renamed the American Opportunity tax credit) for students from middle-income families and partially extends this tax credit for the first time to students from lower-income families. (read more)
ENHANCED FIRST-TIME HOME BUYER CREDIT 2009
In hopes of spurring the housing industry, the recently enacted "American Recovery and Reinvestment Act of 2009" (the 2009 economic stimulus act) includes an enhanced tax credit for first-time homebuyers. (read more)
TAX BREAK FOR CAR BUYERS 2009
In hopes of spurring the overall economy in general, and the automobile industry in particular, the recently enacted "American Recovery and Reinvestment Act of 2009" (the 2009 economic stimulus act) includes a new tax break for purchasers of new cars: a deduction for state and local sales and excise taxes paid on new vehicle purchases. (read more)
FINANCIAL JOURNEYS - By Frank A. Sciecinski
After a year in which many thought the cost of living increased noticeably – and because of which the Social Security Administration announced a 5.8% cost-of-living adjustment in basic benefits beginning in January 2009 – the new retirement ceilings allowed by the Internal Revenue Service (IRS) disappointed individuals even as they cheered those covered by 401(k) and other qualified retirement savings plan. (read more)
STAFF UPDATE
We are pleased to announce that Cindy Giannuario has returned to the firm as our Legal Secretary. Cindy worked for the firm for several years before taking some time off to take care of her mother-in-law and her aunt. Cindy can be reached by phone at (610) 429-3800. Let us all welcome Cindy back!
CLIENT REFERRAL FORM & RECOMMENDATION
One of the key sources of future business is the thoughtful recommendation received from a satisfied client. If you know of any family members, co-workers, neighbors or friends who could benefit from this firm’s legal services, please feel free to provide their information by downloading and completing the referral form.
Client Referral Form (PDF)
SPEAKING INFORMATION
If you are interested in having William Copperthwaite speak at an event, please contact the office at (610) 429-3800 or (856) 616-1188 or by email at WHC@WHC-Law.com
"The way to get started is to quit talking and begin doing."
- Walt Disney
"To improve is to change; to be perfect is to change often."
- Winston Churchill
"What we anticipate seldom occurs; what we least expected generally happens."
- Benjamin Disraeli
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WELCOME
ESTATE PLANNING
BUSINESS & TAX
FIRM NEWS
RECOMMENDATION
QUOTES |
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This eNewsletter is not intended as a substitute for legal counsel. While every precaution has been taken to make this eNewsletter accurate, this firm assumes no responsibility for errors, omissions, or for damages resulting from the use of the information in this eNewsletter.
According to professional ethics rules, this firm must disclose to you that the hiring of a lawyer is an important decision that should not be based solely upon advertisements. Before you decide, ask this firm to send you free written information about this firm’s qualifications and experience.
Copyright © 2009 William H. Copperthwaite Jr. LLC. All Rights Reserved
Pennsylvania | (610) 429-3800
New Jersey | (856) 616-1188 |
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