Please read this article written by Andrew Friedman of The Washington Update LLC In my legislative update early this year, I noted that ongoing acrimony between Congressional Republicans and the…
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What Sets Us Apart
By Richard Cowan and David Lawder WASHINGTON (Reuters) – The U.S. House of Representatives on Thursday ignored a White House veto threat and passed legislation to repeal the estate…
[The update is of interest primarily to financial advisors.] Last week the President gave a speech in which he focused on forthcoming Labor Department rules intended to ensure that IRA…
Information provided by: Thompson Reuters As outlined in a Fact Sheet released by the White House and a Jan. 17 conference call with reporters by senior administration officials, President Obama…
Happy New Year. We begin this year as we ended the last – approaching another cliff. To start the year off right, Andy Friedman appeared yesterday on CNBC to discuss the ramifications…
Minority Leader McConnell (R-KY) and Sen. Grassley (R-IA) Introduce Bill Including $5 Million Estate Tax Exemption With 35% Marginal Rate, Reunification of the Estate and Gift Taxes, Portability, and Opt…
Members of Congress are back in legislative session this week after their lengthy summer recess. A plan to reinstate the estate tax has yet to take shape, but the upcoming…
We often refer to the fact that the “Bush Tax Cuts” – principally enacted in 2001 and 2003 as the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA),…
Congress is in recess this week following the July 4th holiday (July 2—July 11). Prior to leaving Washington, lawmakers addressed—with limited success—many critical issues, including extensions of 2009 expiring tax…
