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May 5, 2009 • 6:27 pm 0

Legislation Would Make Estate-Tax Exemptions Permanent

Via InvestmentNews

The estate tax is currently set to expire in 2010, and without further legislation will be reinstated in 2011 with higher rates and reduced exemptions.  Proposed legislation by Senate Finance Committee Chairman Max Baucus, D-Mont., would make permanent the 2009 estate-tax exemption of $3.5 million for an individual.

Filed under: Estate & Gift Taxes, Tax, Tax Legislation

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Hi. My name is Paul Nienow, and I am a CPA living and practicing in Southern California. CPA 411 is a place where I share news and information that peaks my interest, and may (or may not) be of interest to other CPA's, business people and entrepreneurs.


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