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Dena W. Hirsch and Katharine B. M. Brite Published in Bloomberg Tax

The article, “Estate and Income Tax Changes Under a Biden-Harris Administration,” written by Dena W. Hirsch and Katharine B. M. Brite, was published in Bloomberg Tax.

A Biden-Harris administration has important implications for estate and income taxes in addition to the sunsetting estate tax exemption, which will return to about $6 million after Dec. 31, 2025. This article examines proposed tax changes, such as a reduction of the federal estate tax exemption and the removal of step-up in cost basis at death, and addresses how to plan for these changes.

Read the full article online or download here (PDF)

Posted In: News, Publications