Opponents of the bill say lowering the tax would be a huge budget blow and bolster wealthy families staying that way.
A key federal estate, gift and generation-skipping transfer tax exemption included in the Tax Cuts and Jobs Act (“TCJA”) is ...
The US is suing the estate of a Connecticut man who died in 1997, alleging that a tax liability of about $22 million has ballooned to over $51 million with penalties and interest.