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Kohrman Jackson & Krantz LLP

Death Tax Repeal Bills Introduced in Congress: A Legislative Showdown Looms

Kohrman Jackson & Krantz LLP on

New legislation to repeal the federal estate tax, often referred to as the “death tax,” has been introduced in Congress. Senator John Thune (R-SD) and Representative Randy Feenstra (R-IA) have introduced companion bills in...more

A&O Shearman

Estate Planning Advisory - House Ways and Means Proposal

A&O Shearman on

The House Ways and Means Committee recently proposed sweeping changes to the tax code that would significantly impair fundamental wealth transfer planning techniques. We recommend that you consider taking action now....more

Verrill

House Democrats Propose Estate and Gift Tax Law Changes: Important Estate Planning Implications

Verrill on

What you need to know: On September 13, 2021, the House Ways and Means Committee released its proposed tax plan to fund President Biden’s $3.5 trillion “Build Back Better” social and economic spending package. If enacted as...more

Harris Beach Murtha PLLC

Gift Tax Repeal Not Part of Connecticut's Budget Deal

Harris Beach Murtha PLLC on

Until last week, the Connecticut General Assembly appeared very close to relieving Connecticut of the distinction of being the only state that imposes a gift tax. However, it seems Connecticut will carry that mantle for the...more

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