Estate Tax

U.S. Sen. John Thune (R-S.D.), ranking member of the Subcommittee on Taxation and Internal Revenue Service Oversight, led 40 of his Senate colleagues, including Republican Leader Mitch McConnell (R-Ky.) and…

SPONSORED- By Ramona Johnson, CPA Many people think estate planning is not necessary, that it is only for those of us that are getting older or those fortunate enough to be…

South Dakota Senator John Thune and Steve Daines of Montana, both members of the Senate Finance Committee say that Senate Democrats have flip-flopped on the elimination of the stepped-up basis…

The American Farm Bureau Federation is speaking out against the recent proposals by several lawmakers to tax unrealized capital gains at death and roll back the stepped-up basis on those…

The Death Tax Repeal Act of 2021 was introduced this week in both the U.S. Senate and House by U.S. Senator John Thune of South Dakota and U.S. Representatives Sanford…

One of the first questions about a new administration in Washington, D.C., is how tax policy may or may not change. Pat Wolff, Senior Director of Congressional Relations with the…

WASHINGTON— The National Cattlemen’s Beef Association (NCBA) on Friday announced its strong support for the “Preserving Family Farms Act of 2019.” Introduced by U.S. Representatives Jimmy Panetta (D – 20th…