We're Closing. Thank You.

Doug Cook is retiring and Steve Cook has moved to an in-house counsel position. As such, we are no longer accepting new clients. Thank you.

Tax Basis: An Infographic

12/17/2010 - The income, estate, & gift taxes have been modified for 2010, 2011 & 2012 by the Tax Relief Act of 2010.

With the repeal of the estate tax for 2010, and its return in 2011, the concept of tax basis has extra significance this year. The following infographic illustrates some of the basics associated with this complex concept.

This brief overview of some important considerations associated with the tax basis is by no means comprehensive. Always seek the advice of a competent professional when making important legal decisions.


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