David Bussolotta of Pullman & Comley, LLC, has made available for download his article, “Proposed Tax Law Changes Impacting Estate and Gift Taxes,” published on JDSUPRA. The abstract begins as follows:
As many people are aware, Congress is considering changes to the federal tax code to support President Biden’s Build Back Better spending plan. As of this writing, on September 22, 2021, no bill has been enacted.
Concerned taxpayers and their advisors should pay attention to these potential developments as they may affect their present estate plan. The legislative outcome is not yet clear, but we are monitoring the following proposals:
Posted by Anthony Tran, Associate Editor, Wealth Strategies Journal