What Every Estate Planner Needs to Know
About the Biden Administration’s
2023 Revenue Proposals


The Treasury recently released the Biden Administration’s Fiscal Year 2023 Revenue Proposals. As predicted, these revenue raising proposals will have an impact on income, gift generation skipping transfer tax and estate planning.

Whether you’re an attorney, financial advisor, CPA or other estate planning professional, it is important that you stay in-the-know and you know how these proposals may impact your clients and the planning that you do. This is why we have brought in nationally renowned CPA and tax expert, Robert S. Keebler, CPA/MST, AEP (Distinguished), CGMA, to put together this very timely presentation entitled, “The Biden Administration’s 2023 Revenue Proposals: What the Sophisticated Advisor Needs to Know Now!”.

During this 87-minute presentation, Bob will provide detailed analysis of the following revenue raisers:

  • Taxing capital income for high-income earners at ordinary rates
  • Treating transfers of appreciated property by gift or on death as realization events
  • A look at a minimum income tax of 20% imposed on the wealthiest taxpayers on realized and unrealized gains
  • Modified income, estate and gift tax rules for certain Grantor Trusts
  • Raising the corporate income tax rate to 28%
  • Increasing the top marginal income tax rate for high earners to 39.6%
  • Limited use of donor advised funds to avoid private foundation payout requirement
  • Required consistent valuation of promissory notes
  • Review of the expanded definition of Executor
  • Increasing the limit on the reduction in value of special use property
  • Extending 10-year period for certain estate and gift tax liens
  • Required reporting of estimated total value of trust assets
  • Limiting duration of GSTT exemption (no more than two generations below the taxpayer)
  • Taxing Carried (Profits) Interests as ordinary income
  • Repealing deferral of gain from like-kind exchanges
  • Requiring 100% recapture of depreciation deductions as ordinary income for certain depreciable real property
  • Limiting a partner’s deduction in certain syndicated conservation easement transactions
  • Extending the period for assessment of tax for certain Qualified Opportunity Fund Investors
  • Modernizing taxation of digital assets
  • Extending the 6-year statute of limitations for certain tax assessments (if a taxpayer omits from gross income more than $100 million on a return)
  • Required reporting for certain taxpayers of foreign digital asset accounts
  • And much more!

Your purchase includes an instantly downloadable video and audio recording and PDF handout materials.  A PDF transcript is available as an add-on for an additional fee.

  • Program Title: The Biden Administration’s 2023 Revenue Proposals: What the Sophisticated Advisor Needs to Know Now!
  • Speaker:
  • Duration: 87 minutes


Includes: MP4 Video (and Audio) Recording of Presentation plus PDF handout materials.

NOTE: PDF Transcript available as an add-on for an additional fee during checkout.



Robert S. Keebler

CPA/PFS, MST, AEP (Distinguished), CGMA
Robert S. Keebler

Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished), CGMA is a partner with Keebler & Associates, LLP and is a 2007 recipient of the prestigious Accredited Estate Planners (Distinguished) award from the National Association of Estate Planning Counsels. He has been named by CPA Magazine as one of the Top 100 Most Influential Practitioners in the United States and one of the Top 40 Tax Advisors to Know During a Recession. Mr. Keebler is the past Editor-in-Chief of CCH’s magazine, Journal of Retirement Planning, and a member of CCH’s Financial and Estate Planning Advisory Board. His practice includes family wealth transfer…


The Ultimate Estate Planner, Inc. and the presenter are not registered Continuing Education Sponsors and this program is not pre-approved for continuing education credit for any state or regulatory agency.

However, please note that each program includes a Certificate of Completion and, depending on the license and the regulatory agency for which governs a participant’s CE credit, some professionals may be able to self-report his or her participation and receive credit. It is the responsibility of the participant to complete any process necessary to seek self-reported CE credit for his or her participation. By registering for a teleconference (or purchasing on On-Demand program), you understand that CE credit is not guaranteed or warranted by the presenter or The Ultimate Estate Planner, Inc.