Your clients are sitting on the edge of their seats, anxiously awaiting word of how the alternative minimum tax will affect them.
What’s the future of the estate tax after 2009? This is a question that your clients have probably been asking a lot lately because the estate tax is scheduled to sunset in 2010 and then rise again like a phoenix in 2011 at higher tax rates and with a substantially lower unified exemption credit equivalent, or estate tax exemption, of $1 million.
Your clients have probably been asking about the estate tax because it is scheduled to sunset in 2010 and then rise again in 2011 at higher rates.
