Repealing the estate tax is a controversial subject both inside and outside of Washington D.C. Recently, the U.S. House of Representatives did vote to repeal the tax, but the matter must still meet Senate and Presidential approval. With the U.S. House of Representatives recently voting to repeal the estate tax, the issue now will go […]
Read More »House Acts on Tax Bills
The U.S. House of Representatives has recently taken up a pair of related bills concerning the Gift and Estate Taxes. Both bills have been brought before the full house for a vote.
Read More »Federal Estate Tax Repeal on the Horizon?
When President Obama proposed increasing the capital gains tax at death, he probably did not foresee that the proposal would lead to a renewed effort to repeal the estate tax. However, it has done exactly that.
Read More »The Estate Tax and Your Non-U.S. Citizen Spouse
If you are married to a non-U.S. citizen, you need to know that the estate tax options for your spouse will be different if you pass away than if you were married to a U.S. citizen. This knowledge will help you to protect your spouse from the most devastating effects of the estate tax.
Read More »Drug Testing before Inheritance?
Before people can receive many types of federal assistance, they are often required to pass drug tests. Should they also be required to pass drug tests before they can receive a tax free income? One representative appears to think so.
Read More »The President’s Budget and Your Estate Plan
If you have an estate plan, it is very important that you monitor the progress of President Obama’s latest budget. It could have major implications for your plan.
Read More »The President’s Budget and Your Estate Plan
If you have an estate plan, it is very important that you monitor the progress of President Obama’s latest budget. It could have major implications for your plan.
Read More »Cutting the Massachusetts Estate Tax
When thinking about estate taxes, most people consider the federal estate tax. However, state estate taxes play an equal role in many estate plans. For that reason, it is important to make note when a state is considering changing its estate tax.
Read More »Obama to Target Capital Gains Loophole
In the State of the Union address President Obama was once again expected to announce proposals to increase taxes on wealthy Americans. While he is not targeting the estate tax, the proposal could have major implications for some estate plans.
Read More »Repealing the Estate Tax
The estate tax is always controversial. Some people believe strongly in it while others see it as unfair. A new bill in Congress seeks to repeal it completely.
Read More »