Senate Bills Propose Changes to Estate Tax

“There’s been a lot of coverage of President Joe Biden’s proposed changes to the tax laws, including reducing the federal estate tax exemption and eliminating the step-up income tax basis rules. But recently, some senators have come out with bills that seek to make drastic changes to the tax laws, including the estate tax. Reviewing some of these potential tax law changes can help practitioners better equip their clients with planning strategies to consider now and before the end of 2021.” Click here to read full article.

(Source: WealthManagement.com)
6-minute read.