Sep 6, 2018 | Estate Tax, Family Enterprise USA Action
Excellent news as our good friend and supporter, Senator Kyl will be back in the Senate. From AZ Central Jon Kyl, once one of the most powerful Republicans in the U.S. Senate, will return to Capitol Hill to succeed the late Sen. John McCain, The Arizona Republic has...
Sep 5, 2018 | Estate Tax, Tax Cuts
House tax writers will meet to consider legislation. This makes permanent, expiring individual and business tax provisions in the 2017 tax law during the week of September 10. House Ways and Means Committee Chair Kevin Brady, R-Texas, said he wants the legislation...
Sep 2, 2018 | Blog, Death Tax, Estate Tax
The US Department of the Treasury and the IRS have released Proposed Regulations on Internal Revenue Code Section 199A, the 20% pass-through deduction designed to provide tax relief to pass-through businesses and proprietorships. The Proposed Regulations provide...
Aug 23, 2018 | Estate Tax, Family Enterprise USA
Chairman Brady intends to have the House address the 2018 Tax Bill 2.0 when they return from August recess; note that it will include making the estate tax life exemption doubling permanent. Click here for a brief recap of the legislation. Many meetings last week in...
Jul 9, 2018 | Blog, Estate Tax, Tax Cuts
Before leaving for last week’s Fourth of July Recess, Ways and Means Committee Member Rep. Kenny Marchant (R-TX) introduced H.R. 6228, which would permanently increase the estate and gift tax exemption from $5 million to $10 million. As we have previously reported,...
Jun 22, 2018 | Blog, Estate Tax
Chairman Kevin Brady has indicated that he would like the House to vote in July, on making all individual tax cuts permanent, which were included in last year’s tax bill. This would include the doubling of the lifetime exemption for gift, estate and...
