Taxes

On September 13, the House Ways and Means Committee made public its proposed tax plan, the revenue from which would fund President Biden’s “Build Back Better” spending package. This proposed [...]

The IRS has issued long awaited proposed regulations under Section 2704 of the Internal Revenue Code that would make sweeping changes to the valuation of interests in family business entities for [...]

January 2016 will herald a very important change in the Maine estate tax. The Maine estate tax exemption, now $2 million (the amount that may pass free of estate tax in addition to what may pass [...]