What Others Are Saying
Automatic Extension for Electing Portability, Explained | Staszak ...
In addition to a lower rate, the estate tax exemption has also increased in recent years. This year the estate exemption is up to $5.34 million. That means that if your estate is less than $5.34 million, you pay no tax. If you're married and your ...
David Barton's Tall Tales for Texas Pastors: Bible Verses in the ...
What happened in this fiscal cliff deal, for the first time in American history, we made the estate tax a permanent tax . The Bible singles out the estate tax as one of the most immoral type of taxes that can be placed on the nation. Shouldn't ...
Rich People Get Hit with Estate Tax
Not Middle Class: Wrong Again
Anyone who is middle class and trying to make it economically doesn't want to hear about tax issues, unless Congress is looking to reduce our tax burden so we can keep more money for our own families. As soon as you bring up words like ...
Next: Good news from IRS: relief for missed portability election
The Internal Revenue Service recently issued Revenue Procedure 2014-18, providing significant relief for estates that were below the federal estate tax filing threshold and failed to file an estate tax return to elect portability of the decedent's ...
Bucco Happy to Hear Discussion on Eliminating Estate and Realty ...
Bucco sponsors A-397, which repeals the New Jersey estate tax and would apply to the estate of any resident decedent dying on or after January 1, 2010. Currently, New Jersey imposes an estate tax based on a credit historically allowed by ...
Estate Tax in the News
Estate Tax Liability Installments Denied - WealthManagement.com
Estate Tax Liability Installments Denied
His federal estate tax return was due to be filed on June 27, 2007. His estate, however, filed a Form 4768, requesting an extension. The IRS granted the estate's request and issued a six-month filing extension to Dec. 27, 2007. Along with the request ...
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Minnesota estate tax cuts not enough to slow Sun Belt migration, wealthy say - MinnPost.com
Minnesota estate tax cuts not enough to slow Sun Belt migration, wealthy say
But millionaires and their financial advisors want more, saying if they don't get it, the "death tax" is more fuel for the move to low-tax states such as Florida, especially in the wake of rising income tax rates. The exodus of the wealthy and their ...
GUEST COLUMN: Estate tax reform an encouraging sign - Business First of Buffalo (blog)
GUEST COLUMN: Estate tax reform an encouraging sign
Business First of Buffalo (blog)
This reform to the New York estate tax is the most significant change in 17 years. Until 2004, states could freely levy a hefty death tax because it was deducted from any federal tax owed. In 2004, this federal tax credit was removed and, as a result ...
Estate tax exemptionsPort Times Record
New York State's New Estate & Gift Tax RulesMondaq News Alerts (registration)
all 3 news articles »
Kingston Urges Repeal of Death Tax - Insurance News Net (press release)
Kingston Urges Repeal of Death Tax
Insurance News Net (press release)
Dave Camp, Chairman of the tax-writing Ways and Means Committee, to include such a provision in his tax reform proposal, saying, "Death and taxes may be certain, but the death tax shouldn't be, and that's why I have called upon the Chairman to remove ...
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New NY budget eases 'death tax,' raises minimum taxable inheritance amount - News 12 Long Island
New NY budget eases 'death tax,' raises minimum taxable inheritance amount
News 12 Long Island
WOODBURY - The state has made adjustments to the so-called "death tax." Up until now, anyone inheriting an estate valued at $1 million had to pay at least 10 percent of the total value in taxes. The new state budget doubles the amount a person can ...