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William's Tax Planning Blog

By William Perez, About.com Guide to Tax Planning since 2004

Estate Tax Reform Dies in the Senate

Thursday June 8, 2006
The Senate voted against permanent repeal of the estate tax. The tax is a levy on estates worth over $2 million, and the tax is assessed and paid after the taxpayer dies and leaves the estate to heirs. The Internal Revenue Service explains the basics of the estate tax quite well.

Legislative Information:

News Reports: Commentary:
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