Congress, after failing in its duty to revise the Internal Revenue Code for decades, has launched a tax reform website. Is this a real attempt at soliciting ideas about tax reform, or just a new twist on getting an email list? To show they are really connected with...
Innovative Strategies For Winning Tax Controversies, Business Structuring And Estate Planning
tax reform
Congress Fiddling on Estate Tax Reform
Congress has not fixed the Estate Tax. The current estate tax rate is 45 percent with an exemption level of $3.5 million for individuals and $7 million for couples. Unless something is done, in 2010 the rate and exemption level will fall to zero and then jump up to 55...