Estate Taxes Articles

Taxation & Representation: Reconciliation Bill Update: Key Issues to Watch

Reconciliation Update – Senate Tees Up Budget Resolution Markup While House Remains Deadlocked: On Feb. 7, Senate Budget Committee Chairman Lindsey Graham (R-SC) released an initial Fiscal Year (FY) 2025 Budget Resolution, as well as summary tables, as the committee...

Taxation & Representation: Tax Cuts & Business Deductions—Congress Takes Action

Sen. Daines, Rep. Smucker Introduce Bill to Extend and Make Permanent the Section 199A Deduction: On Jan. 23, Sen. Steve Daines (R-MT) introduced the Main Street Tax Certainty Act (S. 213), which would make permanent the Tax Cuts and Jobs Act (TCJA, Pub. L. 115-97)...

Bipartisan Bill Seeks to Cut Estate Tax—See What It Means for You

Rep. Jodey Arrington Introduces House Bill to Amend IRS Code to Reduce Rate of Tax on Estates, Gifts, and Generation-Skipping Transfers    H.R. 601 was introduced on January 22 and Referred to House Ways and Means, Budget Committees; Democrat Rep. Sanford D....

Key Tax Policy Updates from the Ways and Means Committee Hearing (January 22, 2025)

On January 22, 2025, the House Ways and Means Committee hosted a Member Day Hearing featuring testimony from 55 Members of Congress. The hearing addressed critical tax policy priorities for the 119th Congress, including:     The extension of the Tax Cuts and Jobs...

From the President 6/17

It has become abundantly clear that general public sentiment about the wealthy has been degrading over the last few...

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Where the US Stands

How does the US compare?The U.S. has the fourth highest estate or inheritance tax rate of all the OECD countries at 40...

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Horror Stories

Estate Tax Horror StoriesBrowse Horror Stories By state: Arkansas California Georgia Illinois Maine Maryland Nebraska...

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