Fiscal Cliff Compromise Wipes Out State ‘Pick-Up' Estate Taxes, Continues Depreciation Disconnec(1)

The Bloomberg BNA Tax Management Weekly State Tax Report filters through current state developments and analyzes those critical to multistate tax planning.

The new year began with President Obama signing a legislative compromise that extended many Bush-era tax provisions set to expire in 2013. In this article, Bloomberg BNA takes an in-depth look at how certain key provisions are likely to shape and impact state policy.