Tax Guy: The New Tax Law Is Nothing But Good News For Married Couples With Larger Estates

Recently, President Joe Biden issued his 2025 proposed budget, the U. S. Department of the Treasury provided its “Green Book” explanations of these proposals, and House Republicans advanced a concurrent resolution for the 2025 congressional budget. It is uncertain any portion of these proposals will become bills, but they provide insight into priorities and a preview of what we will see in debates this year. Within the proposed budget — and, therefore, the commentary within the related Green…

Tax legislation will be a hot topic for individuals and entities in the health care industry during the upcoming election. While future legislation may be unpredictable, several provisions of the Tax Cuts and Jobs Act (TCJA) will sunset on Dec. 31, 2025, unless they are extended or made permanent by legislation.

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