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State Income Tax Planning and Opportunities

These become more important as the future of federal law remains uncertain.

As our country works together to stem the spread of COVID-19, one major issue that seems to have been pushed to the side for the moment is the upcoming presidential and Congressional elections in November. It’s possible that whatever happens in November will mean the end of the Tax Cuts and Jobs Act (TCJA)1 and the high estate and gift tax exemptions provided for under the TCJA. There’s a strong possibility that there won’t be enough political will in Washington to make the TCJA

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