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January 2008

In This Issue
Achieving Your Dreams in 2008
By Colleen Cowles
The Cowles Estates Practice System can help you expedite your assessment of 2007 operations, and create plans for 2008, without a significant investment of time.
Legislative Update
Mortgage Relief Act Liberalizes Exclusion on Sale of Personal Residence for Surviving Spouse; Revenue Ruling Disallows Loss on Sale of Securities Where Seller's IRA Purchases Identical Stock; Office of Tax Analysis Report Urges Re-examination of Gift Tax; Internal Revenue Service Issues Corrections to Form 1041 Instructions and Schedule K-1; Applicable Federal Rates for January.
Cowles Tech Tips
Cowles Customizer allows you to easily make formatting changes to your Cowles phrases that will be reflected in the corresponding documents each time they are generated, saving you time and eliminating redundancy.
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THE ESTATE PLANNER AS A WORD DOCUMENT