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Preliminary Estate Tax Action Taken in the Senate

Estat taxAccording to the Wealth Strategies Journal, the Senate has taken the procedural steps necessary for putting HR 4154, an estate tax bill, on the Senate Calendar.  This could lead to bypassing the Senate Finance Committee entirely. The House approved the bill in December of 2009. 

See Marc Patterson, Estate Tax Update, Wealth Strategies Journal, Jan. 24, 2010; see also my prior posts here, here, and here.