New York Times: “A Congressional tax standoff has opened a window of opportunity for wealthy Americans determined to avoid paying up post-mortem. With lawmakers unable to agree on a year-end fix for a quirk in the Bush-era tax cuts, the federal estate tax is set to be repealed for one year as of Jan. 1, meaning that those who suffer a timely death could escape the usual certainty of taxes. . . . While the tax is about to expire, it probably should not be buried just yet. Democrats are vowing to resurrect it as soon as Congress returns in 2010.”
Estate Tax Is Expiring, but Death Won’t Last
By On the Net|2011-05-19T10:50:54-07:00December 19th, 2009|
About the Author: On the Net
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