The Accountants' Employment Act

That's the way the new tax laws look to the estate-planning experts who are attempting to unravel their arcane complexities

Hear that ticking noise? It's all the little time bombs embedded in the estate-tax provisions of the tax law signed June 7 by President Bush. Under the new legislation, the estate tax will be gradually decreased until it falls to zero in 2010. On Jan. 1, 2011, the tax will be reinstated -- at pre-Bush rates and with pre-Bush rules.

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