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Tuesday, December 7, 2010

The Estate Tax in the Midst of the Obama Compromise

Without legislation, we all know that the estate tax is set to return in 2011 with an exemption equivalent to $1 million and a tax rate of 45%. In the deal that Obama struck with the lawmakers, we could have an exemption equivalent to $5 million and a tax rate of 35% for 2011 and 2012. Stay tuned.....
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