To continue getting breaking news and the full stories from The Boston Globe, subscribe today.

The Boston Globe

Business

Estate tax caught in tangle of competing fiscal-cliff proposals

Like so many other provisions of the tax code, estate taxes are caught in a tangle of competing proposals in the rush to a year-end resolution of the nation’s fiscal crisis.

Absent an agreement before the end of the year, inheritance taxes are scheduled to jump significantly in 2013, potentially drawing in tens of thousands of estates that would otherwise escape taxation.

Comments