Dec 6, 2011 | Blog
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. Policy and Taxation Group is paying close attention to...
Dec 6, 2011 | Blog
Congress Seeks Offset for Payroll Tax Relief 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. Policy and...
Nov 23, 2011 | Blog
It appears little progress has been made within the Joint Committee toward a deficit reduction deal. It has been reported that Democrats have indicated their acceptance of some of the targets of the GOP’s plan (in terms of spending cuts and revenue increases) but...
Nov 23, 2011 | Blog
After the Joint Committee As expected, the Joint Select Committee on Deficit Reduction announced that they would not reach an agreement by the November 23 deadline. Attention is beginning to shift to potential attempts to roll back some of the $1.2 trillion in...
Sep 22, 2011 | Blog
The debate over tax policy as an aspect of deficit reduction is in full swing. In a recent speech before the Economic Club of Washington, House Speaker John Boehner (R-OH) called on the Joint Committee to resist attempts to raise taxes and instead focus on spending...
Sep 19, 2011 | Blog
On September 12 the Administration presented the American Jobs Act to Congress, a mixture of temporary spending and tax relief designed to stimulate job growth. The package features several major tax relief provisions unrelated to estate taxes, including expansion of...
