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Tax Law for the Closely Held Business

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The Federal Estate Tax in 2021: What Might We Expect? What Can We Do?

By Farrell Fritz P.C. on January 4, 2021
Posted in Federal

Happy New Year?

Ask anyone outside the United States what comes to mind when they think about an American New Year’s celebration, and the odds are pretty good they will mention the ball drop in New York City’s Times Square.

That’s all well and good, but let me ask you, does the Empire State have…

The Federal Estate Tax Lives On, But “Where, O death, is your sting?” (*)

By Farrell Fritz P.C. on January 10, 2018
Posted in Federal Tax Issues

When the Tax Cuts and Jobs Act[1] was introduced on November 2, 2017, perhaps the single most important issue on the minds of many closely held business owners was the future of the estate tax: was it going to be repealed as had been promised? A closely related question – and perhaps of equal…

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