Mar 22, 2022 | Blog, In The News, Tax Cuts
The Senate will reconvene Monday at 3 p.m. The House has a district work period. What to Watch The military conflict between Russia and Ukraine remains front of mind for Congress. Shortly after hearing from Ukrainian President Volodymyr Zelenskyy last week, the House...
Feb 4, 2022 | Blog, In The News, Policy And Taxation Group, Tax Cuts
Protect Your Lifetime Of Savings - It Only Takes 5 Minutes Latest BBBA Update: SALT and CTC. In addition to the American Rescue Plan Act and the Infrastructure Investment and Jobs Act, the Build Back Better Act (BBBA) was the primary legislative focus in 2021. In the...
Jan 28, 2022 | Blog, In The News, Policy And Taxation Group, Tax Cuts
Policy and Taxation Group Supporters Only Zoom Meeting – February 8 at 12PM PT / 3PM EST To receive the Zoom information and to be invited, your membership with PATG needs to be paid and current. There is a link below to securely donate now. This will be a time...
Sep 13, 2021 | Blog, In The News, Policy And Taxation Group, Tax Cuts
Get Your Voice Heard in Congress. Please Take Action Today GIFTS AND ESTATES AND TRUSTS Final regulations establishing a user fee for estate tax closing letters. Proposed regulations were published on December 31, 2020. Final regulations under §§1014(f) and 6035...
Sep 10, 2021 | Blog, In The News, Policy And Taxation Group, Tax Cuts
Get Your Voice Heard in Congress. Please Take Action Today We wanted to call your attention to draft legislation that Senators Ron Wyden and Sherrod Brown released today that would make significant changes to the taxation of partnership distributions, allocations, and...
May 27, 2021 | Blog, Family Businesses, In The News, Policy And Taxation Group, Tax Cuts
While the devil is in the details, it is possible that if President Biden’s elimination of step-up in basis proposal is passed by Congress you could be paying an estate tax at 40%, and a capital gains tax at 43.4%. The graphic below shows an example of a...