Newsroom View | Ed Slott and Company, LLC

Newsroom View

If Joe Biden Wins, Get Ready For A Big Battle Over Tax Policy

Wednesday, October 28, 2020

Estate attorneys, certified public accountants (CPAs) and the very wealthy will likely go to war with the federal government should former Vice President Joe Biden assume the Oval Office. The issue at hand? Biden’s tax reform proposals, including a little-known provision called step-up in basis.

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