Retroactive Estate Tax May be Folded into Tax Reform Next Year

Chuck O'Toole of Tax Analysts reports that senators may include a retroactive reinstatement of the estate tax into a broad tax reform bill in 2010.

"It's very possible that estate tax reform will be folded into tax reform next year," Senate Finance Committee Chair Max Baucus (D-MT) said. "We have to have some tax reform."

Chuck O'Toole, "Retroactive Estate Tax May Become Part of Tax Reform Bill, Baucus Says," 2009 TNT 244-2 (December 22, 2009)

Posted by Marc Patterson, Managing Associate Editor, Wealth Strategies Journal.