Estate and Gift Taxes; Difference in the Basic Exclusion Amount
This document contains proposed regulations addressing the effect of recent legislative changes to the basic exclusion amount used in computing Federal gift and estate taxes. The proposed regulations will affect donors of gifts made after 2017 and the estates of decedents dying after 2017.
Publication of the Tier 2 Tax Rates
Publication of the tier 2 tax rates for calendar year 2019 as required by section 3241(d) of the Internal Revenue Code. Tier 2 taxes on railroad employees, employers, and employee representatives are one source of funding for benefits under the Railroad Retirement Act.