The American Taxpayer Relief Act of 2012 does the following: Tax Rates – For most individuals it extends the lower federal income tax rates that have existed for the last ten years. However, if you make more than $400,000 (or $450,000 for joint filers), your top rate will increase to 39.6%. Capital Gain Rates – Again for […]
Downton Abbey: A History Lesson on Inheritance
January 6, 2013
A couple of us here at Epilawg are big fans of Downton Abbey and are very much looking forward to tonight’s premiere of Season 3 on PBS. Without giving a ton of plot points away to those of you who have not yet watched the series (Season 1 is available on Netflix and both Seasons […]
Sonny Bono
January 5, 2013
February 16, 1935 – January 5, 1998 It has been 15 years since Sonny Bono died in a ski crash on Heavenly Ski Resort in California. Mr. Bono died at 62 years old. Mr. Bono was a famous singer and television star, most notably from The Sonny and Cher Show. Later in life, he became […]
Permanent Estate Tax Relief
January 3, 2013
Congress passed The American Taxpayer Relief Act of 2012 on January 1, 2013. Among its many provisions are the following pertaining to estate taxes:
Minnesota Estate Tax Changes May Be on the Horizon
December 26, 2012
The Minnesota Department of Revenue (“DOR”) is preparing a report that analyzes Minnesota’s current estate tax laws. The report will provide the Legislature with options to consider for changes to or elimination of the estate tax.
Charlie Chaplin
December 25, 2012
April 16, 1889 – December 25, 1977 It has been 35 years since the comedic actor, Sir Charles Spencer Chaplin, died at the age of 88. Chaplin started performing at the of age 5 years old, the child of two entertainers. Chaplin performed on stage and in the movies for most of his life. He […]
Desi Arnaz
December 2, 2012
March 2, 1917 – December 2, 1986 Desi Arnaz died at the age of 69 of cancer. He was from Santiago, Cuba and move to the United States with his family when he was young. He began his career as a musician and made his way to Broadway. He met his famous wife, Lucille Ball, […]
Freddie Mercury
November 24, 2012
September 5, 1946 – November 24, 1991 It has been over 20 years since the face of the band Queen, Freddie Mercury, passed away at the age of 45. Mercury was born in Zanzibar and ultimately moved to England in 1964 to flee the Zanzibar Revolution. In 1970, Queen was formed. Mercury worked with the […]
Cy Young
November 4, 2012
March 29, 1867 – November 4, 1955 Born Denton True “Cy” Young, he is one of the most famous major league baseball pitchers of all time. He played for a total of 5 different major league baseball teams during his career from 1890 to 1911. His record for most career wins for a pitcher still […]
6 Killed in Gillsburg Plane Crash…
October 20, 2012
Ronnie Van Zant: January 15, 1948 – October 20, 1977 Steve Gaines: September 14, 1949 – October 20, 1977 Cassie Gaines: July 5, 1948 – October 20, 1977 It has 35 years since the plane carrying the band members of Lynyrd Skynyrd, and others, crashed in Gillsburg, Mississippi. 6 people died and the others injured. […]
Miles Davis
September 28, 2012
May 25, 1926 – September 28, 1991 Born Miles Dewey Davis in Alton, IL, Davis was a famous jazz musician for nearly fifty years. In 1944, Davis sat in on trumpet with a band that included two other famous musicians – Charlie Parker and Dizzy Gillespie.1 Following that experience, at age 18, he enrolled in […]