Does Trump’s Proposed Repeal of the Estate Tax Include Carry-Over Basis?
According to Fortune, if the estate tax is repealed, the government won’t even feel it. The 2017 exemption is $5.49 million. The U.S. Census bureau estimates 2.7 million people will die in 2017, but only 11,000 of them will need to file estate tax returns and only about 5,200 will actually have to pay any… Read More