[taxabletalk-announce] New post at Taxable Talk
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Mon Jan 12 10:59:24 EST 2009
Hello,
There is a new post on Taxable Talk. You can read it at:
http://www.taxabletalk.com/posts/1231775961.shtml
It begins:
The Wall Street Journal reported this morning that
Democratic leaders in Congress expect to introduce
legislation continuing the Estate Tax in 2010.
Under current law the Estate Tax is scheduled to
disappear in 2010 but reappear in 2011 at the old
rate of 55% with a $1 million exemption. In 2009
the Estate Tax is 45% with a $3.5 million
exemption. (Note that the exemption mentioned above
is the lifetime Estate Tax exemption. Gift Tax
returns are figured into this exemption.)...
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