Blog Posts in April, 2014

  • New York Budget Bill Makes Changes to Estate Tax

    || 29-Apr-2014

    On March 31, 2014, the New York State Senate and Assembly successfully passed a $140 Billion budget that included the most significant estate tax changes for the State since the estate tax exemption was increased to $1,000,000 in 2002. The new law is effective as of April 1, 2014. Estate Tax The most notable change is the increase of the estate tax basic exclusion amount. The exclusion had been ...
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