Tag Archive: "tax reform"
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Tax Reform and Estate Tax – Examples
The Senate appears to not want to eliminate the estate tax, but they are proposing the lifetime exemption amount with perhaps an offset to the basis step-up. We go over a couple of examples.
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Additional Tax Reform Items
Last week, we had a quick overview of the tax reform proposals put forth by Dave Camp of the House Ways and Means Committee. After reading about the proposal further, there are some additional items that would affect farmers. Remember, this is just a proposal and nothing will happen this year. There is a chance […]
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Tax Reform – Part ?????!!!!!
Dave Camp, the chairman of the House Ways and Means Committee issued another tax reform proposal today. Since this is a mid-term election year, it has little chance of passing this year, but it is important to note possible changes that Congress is pondering. The major ones affecting farmers are as follows: For individuals, create […]