Wednesday, October 31, 2012
Mass estate tax reminder
In Massachusetts the estate tax is based on the Federal law that was in effect as of December 31, 2000. It was updated in 2006 to increase the exemption amount from $700,000 to $1,000,000. Thus many people whose estates do not require the filing of a Federal estate tax return will nevertheless require the filing of a Massachusetts estate tax return.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment