The House Ways and Means Committee has formally noticed a markup, to take place Thursday, June 20, of three pieces of tax legislation, including the Taxpayer Certainty and Disaster Tax Relief Act of 2019 (H.R. 3301), that addresses “tax extenders” and provides for an earlier termination of the higher estate and gift lifetime exclusion amounts established by the Tax Cuts and Jobs Act (i.e., 2017 Tax Reform). Continue reading >
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