"Another State Ditches Its Death Tax While Potential Backdoor Federal Estate Tax Looms"

Synopsis: In a sign of the political divide over death taxes, Iowa is repealing its inheritance tax, with a phased-in reduction of the tax bite retroactive to January 1, and full repeal as of January 1, 2025. Iowa’s inheritance tax repeal comes along while proposed federal death tax changes could mean many more estates will face federal taxes at much lower wealth levels.

You can read the article by clicking HERE.

Last week's article was:
"Tax Planners Brace For Fierce IRS Enforcement Push"
You can read last week's eNewsletter by clicking HERE.