As lawmakers advance toward the critical 2025 tax cliff, a key—and increasingly contentious—policy question is coming into sharper focus: What should Congress assume about the future when it scores the cost of extending the...more
4/8/2025
/ Estate Planning ,
Estate Tax ,
Estate-Tax Exemption ,
Federal Budget ,
Gift Tax ,
Gift-Tax Exemption ,
New Legislation ,
Proposed Legislation ,
Tax Cuts and Jobs Act ,
Tax Exemptions ,
Tax Liability ,
Tax Reform
Understanding the nuances of the Internal Revenue Code (I.R.C.) is crucial for effective estate planning and tax strategy. For example, estate planners must be familiar with the tax basis adjustment provisions in 26 U.S.C. §...more
The American housing market is grappling with escalating interest rates and limited inventory, pricing many Americans out of home ownership. Massachusetts’s senior Senator Elizabeth Warren seeks to address this issue in the...more