President Obama proposed 2014 budget: Changing the Estate Tax and Gift Tax Rates AGAIN!!! From January 1, 2001 through December 31, 2012, Congress seemed
On January 1, 2010, the rules about taxing inherited asets changed. To understand why dying in the year 2010 is different from dying in any
On December 3rd the House passed H.R. 4154, the Permanent Estate Tax Relief for Families, Farms, and Small business Act of 2009 by a vote
Last week, Senator Pomeroy introduced H.R. 4154. The bill is scheduled for discussion and a vote later this week. The language in H.R. 4154 is very short
Pay attention to the House of Representatives this week! It appears our government is getting ready to decide how to change the current federal estate
Current estate tax laws: In 2001, Congress passed the existing federal estate tax laws. The 2001 legislation gradually raised the federal estate tax exemption allowance
The 2010 Congressional Budget Resolution recommends a personal estate tax exemption allowance of $3.5 million. The value of estates above that would be taxed at