Estate Tax Action on the Senate Floor

Estate Tax Action on the Senate Floor

On July 25, intense activity in tax policy debate returned, and estate tax relief is back in the center of attention. Floor Action Today – As we reported on July 19, Senate Democrats have removed the estate tax provisions from their one-year tax extender measure,...
Estate Tax Action on the Senate Floor

Senate Completes Tax Votes for Now

The Senate Republican proposal, which would have extended current rates for all taxpayers and preserved the 35/5 estate tax parameters, was defeated by a vote of 45-54. 44 of 47 Republicans and Democratic Senator Mark Pryor (D-AR) supported the amendment. 52 of 53...
Estate Tax Action on the Senate Floor

Estate Tax Action on the Senate Floor

On July 25, intense activity in tax policy debate returned, and estate tax relief is back in the center of attention. Floor Action Today – As we reported on July 19, Senate Democrats have removed the estate tax provisions from their one-year tax extender measure,...
Estate Tax Action on the Senate Floor

Senate Completes Tax Votes for Now

The Senate Republican proposal, which would have extended current rates for all taxpayers and preserved the 35/5 estate tax parameters, was defeated by a vote of 45-54. 44 of 47 Republicans and Democratic Senator Mark Pryor (D-AR) supported the amendment. 52 of 53...
Estate Tax Action on the Senate Floor

Congress and President Quickly Adopt Payroll Extension

Update from Washington While the presidential race transforms into a two-person battle around the country, activity in Washington is beginning to heat up again on tax reform. Hearing on Estate Tax Scheduled – This week the House Small Business Subcommittee on Economic...
Estate Tax Action on the Senate Floor

Congress and President Quickly Adopt Payroll Extension

Congress and President Quickly Adopt Payroll Extension Leaders of both parties are preparing outlines of legislation to extend or provide additional payroll tax relief, neither of which are expected to impact estate, gift and generation-skipping transfer (GST) taxes....