Field Agent...Russ
Fromherz
á I just got lost in thought. It was
unfamiliar territory.
á When
the chips are down,
the buffalo is empty.
á Seen it all, done it all,
canÕt remember most of it.
á Maximum IRA contributions increased to
$3,000.00, up from $2,000.00
á Contribute up to $11,000.00 of pretax
income to your 401K, 403b etc.
á If your age is 50 or older, you can
contribute an additional $500, to your IRA or $3,500. If your age is 50 or older you can contribute an additional
$1,000.00 to your 401K & 403b type plan or $1200.00.
á Maximum contributions to Education IRAÕs
have been increased from $500 to $2,000. These monies can be withdrawn to pay
any level school without tax.
á Estate and gift tax exemptions increased $675,000.00
to $1,000,000.00.
á Standard allowance for business driving is
increased to $0.365 per mile.
á Medical and moving expense travel
increased to $0.13 per mile.
á Charitable driving remained at $0.14 per
mile.
á Personal exemptions are $3,000.00 each for
husband, wife, and children.
DO
YOU KNOW WHAT ÒYOURÓ KNIGHTS OF COLUMBUS CATHOLIC PRODUCTS ARE??
Give your
Brother Knight a call..É.
(775)
746-0518 (Reno, Sparks, &
Carson City)