On Jan. 1, 2013, Congress averted the so-called fiscal cliff by approving new legislation titled the American Taxpayer Relief Act of 2012 (ATRA-2012). President Obama signed the bill into law. The new law will extend the Bush-era income tax cuts for 98 percent of U.S. taxpayers, but also extends the sweeping changes made to the federal estate and gift tax rules originally enacted under the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (2010 ...
WealthManagement.com Freemium Content
"Permanent Estate & Gift Tax Relief" is FREE to access as a registered user on WealthManagement.com.
Why Register for WealthManagement.com? It's simple and free, and here is what you get:
- Reuters' dedicated Wealth Management news coverage, every single day.
- Interactive rankings of brokers and independent advisors.
- Access to our lively users’ forums to get inside info from fellow advisors.
- Insights from our proprietary research on topics like social media and practice management.