Category Archives: Tax Planning

Chart of our past, present, and future nonsensical estate tax laws: how much can pass tax free depends on year of death.

Here is  chart of our nonsensical estate tax laws.  Note the wildly different amounts that can pass (or did pass) without estate tax, depending solely on the year of death. Yet, over the last 30 years, the amount that can pass without estate tax has never gone down, starting with President Reagan to President Clinton … Continue reading Chart of our past, present, and future nonsensical estate tax laws: how much can pass tax free depends on year of death.

Repeal of Estate Tax and Repeal of GST Tax Bill Introduced in Senate

The Death Tax Repeal Permanency Act was introduced in the Senate last month. The bill has 34 co-sponsors and is very similar to H.R. 1259, the Bipartisan Death Tax Repeal Permanency Act, which was introduced in the House of Representatives in March 2011 and would repeal both the federal estate tax and the federal generation-skipping … Continue reading Repeal of Estate Tax and Repeal of GST Tax Bill Introduced in Senate