The president's panel studying tax overhaul options isn't expected to recommend major changes to the estate tax, according to published reports.

In remarks to reporters, Jeffrey Kupfer, executive director of the Advisory Panel on Federal Tax Reform, said, "I don't see us getting into the estate tax issue at all," Dow Jones reported. The comment came after Kupfer's update on the panel's deliberations at an American Bar Association tax section conference late last week.

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