Tis’ a Gift to Be Simple, Tis’ a Gift to Be Free: Simplify Your (tax) Life
By Nichole Westin, ASSET When people line up for hours to score the best deal on a television the size of a small car, after spending hours cross-referencing online sites, social media, and old fashioned newspaper inserts, one has to step back and wonder just how it became so complicated. Or how the economy came [...]
Estate Tax Debate Game Change: A New Idea
BI-PARTISAN TAX RELIEF FOR FAMILY BUSINESSES INTRODUCED IN CONGRESS The ASSET Coalition Works to Reform the Estate Tax Payment Method and Save Jobs WASHINGTON DC – September 18, 2015 – The ASSET Coalition is pleased to announce that Congressman Andy Harris (R-MD) has introduced bi-partisan legislation in the U.S. House of Representatives that will [...]
What’s New with the Estate Tax?
by: Jordan Silverman — ASSET The estate tax has amassed an increasing amount of media attention lately. This, in large part, is due to the deaths of celebrities such as Joan Rivers and Phillip Seymour Hoffman, both of whom had amassed multimillion dollar estates that are now subject to the tax. In non-celebrity news, the [...]
‘Death’ Tax Forces Family to Sell 130 Year Old Farm
by: Jordan Silverman – ASSET The McBride family had owned a twelve acre farm in the rural area of Issaquah, located just twenty minutes outside of Seattle, WA, since 1883. That is, until they were forced to sell their family farm due to the impending, overwhelming estate tax burden they would have faced had the [...]
Rich People Get Hit with Estate Tax…Not Middle Class: Wrong Again
Anyone who is middle class and trying to make it economically doesn’t want to hear about tax issues, unless Congress is looking to reduce our tax burden so we can keep more money for our own families. As soon as you bring up words like “estate tax,” eyes glaze over and we lose interest because [...]
ASSET CALLS ON WAYS & MEANS TO INCLUDE REFORMING ESTATE TAX
Statement of Jack Fitzgerald, ASSET Coalition 2-28-2014 WASHINGTON DC – The drafters of the proposed Tax Reform Act missed the opportunity to resolve the significant inefficiencies and economic dislocation associated with the estate tax. While the tax reform proposal may have much to offer small businesses, I am amazed that the House Ways and Means [...]
Tax Reform Dead in the Water
Washington DC – In a closed door, off the record meeting at an undisclosed Washington location last week a member of the Senate Finance Committee lamented what we already knew…Tax Reform is dead in the water this year. With Senate Finance Chair Max Baucus about to be confirmed as the US Ambassador to China, the [...]
2014: Tax Reform or No Tax Reform? That is the Question
by: Jordan Silverman – ASSET To reform America’s tax code in 2014, or leave it alone for another year, that is the question – whether it’s nobler in the mind to suffer through another year of this broken system or to take up arms against a sea of troubles during a crucial election year? House [...]
Estate Tax Proposals: Let’s Get Cookin’ on a Recipe for Estate Tax Reform in Tax Reform
Washington DC – People are getting nervous inside the beltway and members of Congress are anxious to take action. That wait won’t be long now. Speaker Boehner and Leader Reid are closer to bringing both Chambers together for a vote on the debt ceiling and an agreement on reopening the government within the time frame [...]
Estate Tax News: Panel Briefing “Is the Estate Tax Dead in Comprehensive Tax Reform?”
ASSET is bringing together a panel of experts to give some perspectives on the estate tax in comprehensive tax reform. On Monday, September 30th on Capitol Hill Jack Fitzgerald of ASSET will open the panel with a few remarks followed by the president of the Tax Foundation, Scott Hodge, who will moderate a panel that [...]