COVID-19 Update: Beaird Harris has shifted a significant number of our team members to work remotely.
We continue to serve and care for our clients, just as we always have, and are available by phone, video or email.
Beaird Harris is closed on Thursday, February 24th due to inclement weather.
During this time our team will be fully available via phone or email should you need assistance.
Beaird Harris will be closed on Friday, July 3rd in observance of the Independence Day holiday.
As we head into the fall, discussions about federal tax legislation are ramping up in Washington D.C. Sweeping estate tax changes have been proposed, including a reduced estate and gift tax exemption, higher estate tax rates, and a repeal of the step-up in basis rule.
Although these changes are a long way from fruition and likely won’t be enacted in their current form, now is a great time to consider estate planning strategies so that you’re prepared for possible changes.
The combination of a higher capital gains tax and the rollback of estate tax breaks may necessitate changing your estate’s tax plan. And if you are planning on passing a business or farm to heirs it is more important than ever to consider your options. Please call if you have any questions on how to proceed.
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