Posts Tagged ‘estate tax’
Estate Tax Confusion Continues as of 2/13/10
Estate Tax Confusion Continues as of 2/13/10 As of 2/13/10, U.S. estate tax outcomes — (and capital gains tax for the heirs) — for taxpayers who pass away in 2010, are becoming more confusing each day Congress does not act to replace expired laws. The following is a Wall Street Journal article on the complete…
Read MoreEstate Tax Repeal or Revision?
Estate Tax Repeal or Revision? In 2010 the estate tax will be repealed and the gift tax rate will fall to 35%. However, this repeal is effective only for that year and the estate tax will be reinstated in some form the very next year (2011). The US Senate is considering options to reduce or…
Read MoreDelaware Decides to Kill its Estate Tax
Delaware Decides to Kill its Estate Tax The federal estate tax, often referred to as the death tax, has long been one of the most controversial taxes in the nation. Several states also carry an estate tax on top of the federal portion. Recently more and more states have been moving away from this tax,…
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