The House of Representatives passed H.R. 4154 on December 3, 2009. The bill freezes the estate tax exclusion at $3.5 million with a maximum tax rates of 45%.
Also tagged Estate TaxSenate Finance Committee Chairman Max Baucus (D-Mont.) recently announced proposed legislation that would amend the tax code. Among other provisions, the bill, known as “The Taxpayer Certainty and Relief Act of 2009,” (S. 722) would implement some much-discussed and anticipated changes to the federal gift and estate tax law. The last major change to the [...]
Also tagged Estate Planning, Estate Tax, marital deduction
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